re: Holding AMC Thread- Diamond hands unite

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Real shares are drying up. Big money to be made on Monday!

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So let’s here your prediction for close on Monday?

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So let’s here your prediction for close on Monday?

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Like I said, a few posts back, this week will be very volatile. Big swings both ways, but at the end of the day on Monday, the stock will be green. I can easily see it up 30%. 50% on Wednesday. Maybe higher.

It would be nice if one of the naysayers, would provide some intellectual rebuttal to this post. I do not expect that to happen, just another anonymous downvote, but hopefully those on the fence will look at the timeline presented, and come to the same conclusion I have. [/img]

“The role of financial markets is to take money away from mediocre and underperforming companies and put it in stable, growing, high return on capital companies. Money has an almost metaphysical attraction to places where it is put to careful, good use.”


GreyGoose- Is Hertz still around? I still have a couple grand sitting around and I’m sure shorts are the only reason why the stock price is down.”



footnote: many apes lost money into Hertz (forever.)

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It would be nice if one of the naysayers, would provide some intellectual rebuttal to this post.

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Why would you want intellectual rebuttals to a post that lacks any intellect?

These people aren’t doing any due diligence - they’re finding likeminded people who tel them what they want to hear and calling it research.

With the we bull post - when they say DD - what exact diligence are they referring to?

Are they suggesting one weekend when they do their dad - they will conclude something else?

Not trolling just don’t understand what DD they are arguing they are doing

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this week will be very volatile. Big swings both ways

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Volatile indeed. This thing is swinging the hammer. Higher Highs, higher Lows. these sort of patterns usually ends in two ways based on my foolish early 20s following those fun emails from the pump and dump factories. It will go sky high or finding its next lowest support.

Considering the behavioral aspect of this... I do not think it will see the latter of the two. This is due to the external factors that have occurred in the past 24 hours of deviousness. seeing people watching the CNBC clip up from yesterday in a bar and the bar broke out cheering. To see what seems to be speculation of a Ddos hit on two different IP addresses, one in Oklahoma the other in San Francisco. This is only tossing fuel to the fire for the same ones that broke out cheering after that "nice lady" either forgot her mic was live or forgot her filter.

Looking at the indicators and steady ascending level of support from open on May 27th and close of after hours on May 28th extended forward. which was located at ~$41 close to the $41.50 low yesterday. on the 15m chart we can see a double bottom with both showing the candle wick rejections. but the rebound was nice but not something to think about. Is it strong enough? I am not certain. Unless the hype ensues. We have the ascending level of support at ~$41.50 at after hours closing. BUT WE ALSO have a descending level of resistance based from the previous three peaks. that resistance level is currently at ~$48.20. The Ascending level of support and the descending level of resistance has in turn created a flag. I believe I am seeing the resemblance of a bull flag. I am also seeing a cross on the MACD indicator, setting the stage for a rally. I am also seeing some recovery of strength on the RSI after being oversold.

I remain bullish by everything I am seeing. Note - we would likely see some healthy consolidation Monday morning if what I am seeing plays out as I think it will at say $45 high and $40 low while the MACD adjusts.. If the this fails, I am seeing the next support in the range $37.50 and $35.50.

Disclaimer: This is just input from a fellow investor. This is not financial advice and I am not a financial advisor. I am not a qualified expert. Everyone seeking to use this input for their investment is doing so at his or her own risk. Everyone is also encouraged to verify as part of their own due diligence.

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Big swings both ways, but at the end of the day on Monday, the stock will be green. I can easily see it up 30%. 50% on Wednesday.

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So $280 on 6/9, like your boy BAM says (who is never wrong but was just off by 100% on his $88 projection)?

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I’m prepared to be wrong, but if I’m wrong, not a single dime will be lost on a bet of chaos and millions of “apes” refusing to sell after AMC had a miraculous run that already replicates GME

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Thanks for you extremely valuable contribution to the subject at hand. It's nice to know that you feel so strongly about your opinion, that you choose not to back it up with an actual risk. I will now give far more credence to your advice, considering that you are will to go out on a limb, and risk nothing except being "prepared to be wrong". Such courage!