Weekly Stocks Technical Analysis + Fundamental Headline News #AMC #AMZN #SE
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Added a new line for headline news that could be important which are extracted from TV itself.
Price did not play out as analyzed last week. I was expecting price to do a bullish retracement into the bearish POI at 6.96 after taking external liquidity. Price continued lower following the bearish order flow. Right now, I'm expecting price to continue lower following the order flow. Next target for this down move is potentially 3.23 equal lows.
Headline news:
AMC Entertainment Shares Drop After S&P Credit Rating Downgrade
S&P cuts AMC Entertainment credit to CC on 'distressed' exchange plan
AMC Entertainment, NGL Energy Partners, LightJump Acquisition among premarket losers' pack
https://www.tradingview.com/chart/AMC/TYXFPADQ-AMC-Analysis/
Price almost took out the lows at 81.30 to grab external liquidity as analyzed last week. Right now, I'm expecting the lows to be taken and we will see how price reacts at that area. If price don't want to go down further, potential target for the bullish retracement will be the equal highs at 97.23.
Headline news:
Retailers tout post-holiday sales amid elevated inventory levels
Market Chatter: Amazon.com Reportedly Planning Stand-Alone Sports Streaming App
Amazon may market excess air cargo space as demand eases - report
https://www.tradingview.com/chart/AMZN/YpBJ3XRd-AMZN-Analysis/
Price consolidated since my last analysis. After taking liquidity at 51.76, price fails to do a bullish retracement into the bearish POI at 68.77. Price then broke market structure to the downside from here. I'm expecting price to continue lower following the order flow.
https://www.tradingview.com/chart/SE/R0QyPj4Y-SE-Analysis/
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- pixiezz·2022-12-29That's impossible when nearly 90% is held by retail. We are not selling, so someone would have a lot of explaining to do. Amazon is betting big on the theatrical experience.The tech giant plans to invest $1 billion to produce 12 to 15 movies a year exclusively for theaters, according to a new report from .LikeReport
- wigglyz·2022-12-29The average earnings surprise of AMC for the past four quarters is 22.67%LikeReport
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