‌AMC Entertainment-buy/wait?

Michane
2021-09-06

I see a lot of tigers who have this share. And it does get tempting at times.

Hence, just sharing a little analysis here for $AMC Entertainment(AMC)$

Same as my previous analysis for $Apple(AAPL)$, I would use the 3 indicators:

1) MACD

2) Bollinger bands

3) RSI

MACD showed that the BLUE line has already crossed the RED line for quite a while & it seems it has already gotten over the "edge" & soon it will get closer on converging with the RED line. So do not "herd" with the crowd & enter at this point.

Next, the bollinger bands looks like it is going to expand. So do be aware that if it does, it could dip any moment.

And checking the RSI, I would also take a look at the history chart below for the period between June-July 2021:

Clearly this showed that the RSI would be dipping at the point when the BLUE MACD line got closer & eventually converged with the RED line.

So, have a little patience, wait & see further what will happen when the market re-opens after the weekends. Do not jump on the bandwagon too soon!

# SGX Stocks Opportunities

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（198）

  • Top
  • Latest
  • Ag1718
    ·2021-09-08
    ?☀️ Hi , September is a good month for everyone, but not too greedy u will cover your good luck..If u don’t believe u can try… You will received what you want..?????❤️??
    Reply
    Report
    Fold Replies
    • GacktEngReplying toMichane: 
      Comment and like pls
      2021-09-10
      Reply
      Report
    • Pearara: 
      [开心]
      2021-09-09
      Reply
      Report
    • Ag1718Replying toMichane: 
      Thanks
      2021-09-09
      Reply
      Report
    View more 9 comments
  • Kingvect
    ·2021-09-09
    Can't compare AMC and Apple...totally different kind. You used this method may work at Apple share, doesn't mean it work at others
    Reply
    Report
    Fold Replies
    • Michane: 
      Yes agree, there is still a 1% that it may not work with some shares.
      So, to be on the safe side.. I would love to see the blue MACD line just started crossing above the Red MACD before loading up
      2021-09-10
      Reply
      Report
  • KYHBKO
    ·2021-09-09
    waiting based on the charts ... but this may not apply with meme stocks
    Reply
    Report
    Fold Replies
    • Michane: 
      Yes. For long term investing, it would be too late.
      If the blue MACD line just started crossing above the Red MACD it would be fine
      2021-09-10
      Reply
      Report
  • StayHome
    ·2021-09-09
    This stock gets tempting to buy but also tempting to sell due to its daily fluctuation. Therefore, buy and hold is for those waiting for the squeeze while wait to buy is suitable for those hit and run
    Reply
    Report
  • Rosickytcc
    ·2021-09-09
    Probably this is a low price when you look back from end of this year
    Reply
    Report
    Fold Replies
    • Michane: 
      I still think that the price is too high [害羞]
      2021-09-09
      Reply
      Report
  • ilovekirby
    ·2021-09-16
    Buy only if you can afford to lose the money. Many are playing the “wait for the squeeze” game. Otherwise, there are plenty of other stocks to buy.
    Reply
    Report
    Fold Replies
    • Michane: 
      Thank you for your tips, I never buy because I realize after using these TA for the chart it keep changing.. it's too volatile for me [呆住]
      2021-09-16
      Reply
      Report
  • 宝宝金水_
    ·2021-09-06
    这个股不是一直在亏损吗？为什么还要关注他呀？
    Reply
    Report
    Fold Replies
    • Michane: 
      就如我所说的，先等着吧 [微笑]
      2021-09-06
      Reply
      Report
  • GuanYinMa
    ·2021-09-10
    Guan yin will bless you with huatness
    Reply
    Report
    Fold Replies
    • Michane: 
      谢谢 [爱心]
      2021-10-22
      Reply
      Report
  • Etranger
    ·2021-09-10
    Sep11 , will there be a surprise![Gosh]
    Reply
    Report
    Fold Replies
    • Michane: 
      Thank u for your reminder [惊讶]
      2021-09-10
      Reply
      Report
  • Mikoyu1014
    ·2021-09-10
    加油。。。。
    Reply
    Report
    Fold Replies
    • Michane: 
      谢谢 [正经]
      2021-09-10
      Reply
      Report
  • yapyap168
    ·2021-09-09
    Buy 1st n hold.. Wait till when lol
    Reply
    Report
    Fold Replies
    • Michane: 
      Video explanation of the 3 indicators (I think u might be able to see better from the video)
      https://youtu.be/A9Vv65shmwY
      2021-09-09
      Reply
      Report
  • 老夫的少女心_
    ·2021-09-06
    三个指标同时运用呀，很厉害，分享的很好，很是喜欢你这样的技术派。
    Reply
    Report
    Fold Replies
    • Michane: 
      过奖了！
      我自己也蛮喜欢这些小方式。也不想做亏本的生意 [笑哭]
      所以有好的，一定会分享给大家 [安慰]
      2021-09-06
      Reply
      Report
  • 揭人不揭短
    ·2021-09-06
    我上周五已经买入了，现在怎么操作呀？
    Reply
    Report
    Fold Replies
    • Michane: 
      既然已经买了就等着吧
      2021-09-06
      Reply
      Report
  • 只想赚钱的狗狗一只
    ·2021-09-10
    可能一地鸡毛。
    Reply
    Report
    Fold Replies
    • Michane: 
      虽然已经没有再关注这个股了，
      可你说的也可能会真的 [惊讶]
      但愿其它投资者还是小心为妙。。
      2021-10-22
      Reply
      Report
  • Blurking
    ·2021-09-09
    buy phase by phase
    Reply
    Report
    Fold Replies
    • Michane: 
      If despite the advices given u can still go ahead, I'm not stopping [DOGE]
      2021-09-09
      Reply
      Report
  • Michane
    ·2021-09-07
    Earlier I posted this not to jump in too soon. Based on today market's opening, it looks good. But if want to get in, my advise is not to put too much as the market is going to face some correction.
    Reply
    Report
  • HzxS
    ·2021-09-10
    This is by far the most rewarding shAre. Hope everyone huat ah ! ???
    Reply
    Report
  • Yin1963
    ·2021-10-03
    哈哈哈哈哈哈
    Reply
    Report
    Fold Replies
    • cwpang: 
      ha
      2021-10-04
      Reply
      Report
  • Michane
    ·2021-09-11
    Hello to all who is observing this stock, please read my latest post on AMC [你懂的]
    https://www.laohu8.com/m/post/881630201?lang=en_US&invite=Michane
    Reply
    Report
  • Ag1718
    ·2021-09-11
    ?☀️Hi, feeling sweet today . ✨Since the stock will go up ,everyone is waiting for this few stock . We plan to hold as long time as ,we can see the next week enjoy the weekend relax..?sweet ..?
    Reply
    Report