AMC pumps price and volume into fair value zone LONG

14 mai

AMC is on a 4H chart with a set of VWAP bands overlaid In the past two trading sessions price

and volume have pumps and so also the PV Trend indicator. There is no fundamental

footprint on this move. it is a pure meme much like a similar move of GME. I will go long

here hoping to ride the momentum and capture profit. I will set a stop loss fo 10% n

recognition of the volatilit The final target is the $ 120 range pivots of April and

August 202. The initial target is the $35 range of the ranging zone of August 2023. Upon

reaching the first target I will cut the position to 50% for the leg higher. I will cut the position

if momentum fades especially if the volume fades with it. This will be interesting at the least

and highly profitable at the very most.

14 mai

Note

News Catalyst cnn.com/2024/05/13/investing/gamestop-roaring-kitty/index.html

15 mai

Trade fermée: ordre d’arrêt atteint

17 mai

Note

Price falling?. ?Bear trap? Shorts are revenge trading?

21 mai

Transaction en cours

Chasing the reversal now.

21 mai

Note

AMC has rested in consolidation and accumulation for 4 day. May be ready for
continuation upside.

23 mai

Note

Nice move up today 10% of the position closed. Looking for continuation upside tomorrow then profit taking on Friday.

23 mai

Note

25 mai

Transaction en cours

MAC moved higher in a Friday surprise. 10% more of the position closed to collect
some profit. Holding remaining 80% for next week's action.

28 mai

Transaction en cours

Two buys today on pivot lows- slowly adding shares to await a strong move ( green arrows on the chart)

28 mai

Note

Zoom In view

31 mai

Transaction en cours

Added more with the more down in a dip buy.

4 juin

Note

Good move up today. Watching for more.

6 juin

Note

Another decent two days- today the move up signalled by the Bollinger Bands inside
the Keltner Channel. Holding full position adding more call options for 7/19 at the
Low of Day on Thursday.