AMC STOCK! - BREAKOUT AHEAD SOON?

本站收录: 2026-05-21

[00:00:00]Good evening, everybody. Welcome back to the channel. Tonight, we're going to be talking about AMC stock. This one today is up by 1.63%, which adds on to the 17% gain that we've seen now over the past 5-day period. It's safe to say that AMC is having a very good week, but the question in a lot of minds is what's going on and can we see it continue, especially as AMC stock recently appears to be coming up to levels of resistance to watch out for. Well, in tonight's video, I'll be giving you all of my personal thoughts and opinions. We'll be looking at the share price, looking at some of the latest news, and looking at where the stock could potentially go into tomorrow and next week. If you do enjoy these videos, please make sure to let me know by leaving a like and subscribing to the channel. Also, feel free to let me know your price targets for AMC and what you think is going to happen with the stock as we go forwards into essentially the end of the week and into next week as well.

[00:00:50]Now, with that being said, let's jump straight in. And again, if you do enjoy, please subscribe to the channel. We are seeing AMC now moving up, and this has been something that I initially had some concerns about. Now, this still does remain for the reason which I explained to you in the last video. AMC stock has really over the past month seen a downward trend, and this is the broad trend. Initially, and we need to go back to the technical level to look at this, right? AMC stock did not hold on to the supports that I wanted to see, which would have been around 140. We fell below that and came all the way down to the 120s.

[00:01:22]Now, that was obviously not what we expected.

[00:01:26]It's not what we wanted to see, and I said, and I do relatively still stick by this, but I'll get to it in a second.

[00:01:31]If AMC doesn't really have the ability to hold any major supports that we have previously seen, you're asking questions as to whether you go back down to 110.

[00:01:40]Now, the thing is, we have also seen supports previously right around where AMC found them, right? Around 130, 120 129, 125. You've seen supports right here in the past.

[00:01:51]So, this is actually a very solid level to kind of picture to from. The real question though here for me is actually moving to the upside. This is where things are going to become a little bit tricky, I would say. Because I'm seeing for this will go into a 5-day time horizon is seemingly struggling and struggling to get above levels at 160. If you can get up to 160, if you can push above that 160 mark, then you're out of this resistance zone that we've seen since the 20th.

[00:02:19]And of course you could be on to retest levels just a little bit higher, right?

[00:02:22]We've seen 160 as a resistance before as well. But you could be touching 164, 165. You could be touching 170 after that. Basically, guys, it's about establishing whether we can break out of this level. And I think it's going to be very key to see this continue. I will be very happy if we can see AMC tomorrow, next week, any point in the next few weeks continue this upward trend to the 160s, right? Into 160 and hopefully beyond. Because if we don't see that, my personal concern, guys, and this comes on a Where can I show this? On a one-month time slot, let's say, right?

[00:02:56]Zoom out on a one month and you're going to be seeing this trend here with AMC, right? We had this massive explosive spike, that's great. But then we're seeing lower highs and lower lows. So, if we reject this and come down, especially if you don't find supports around 150, if you don't find supports around 145, I would become quite quite cautious at the very least, right? I would certainly be aware of that. Now, I would also like to point out that on the one-month time horizon, AMC stock is actually climbing significantly on the RSI. It's not into the overbought range yet. If anything, the relatively flat day that we're seeing throughout today is allowing us to cool off ever so slightly. Again, we are building this floor here and this is our simple channel between about 150 and about 160. You need to see a breakout above this and I think it's going to happen relatively soon. My just simple hope is that it is to the upside. Now, on a three-month chart, of course, AMC is still very close to overbought after that massive explosive rally. And then the second explosive rally that we have seen, you know, taking us up from the 130s all the way to that 160 level.

[00:04:00]So, from a technical perspective, guys, you could potentially potentially see some resistance here and then see the stock potentially pull back slightly as we are signaling for possible overbought signals on the RSI. Now, that's not necessarily always the case and there are certain factors outside of technicals to be aware of. This is just what I'm looking at on the charts. Now, factors outside of technicals, you actually have a few for AMC and for the markets more broadly. Now, we'll focus quickly on the markets as a whole because they have been, hm, pretty meh today, I'd say, to be honest.

[00:04:36]The S&P 500 today was up, but only by 0.17.

[00:04:41]So, not really a very impressive green day here. Not really anything really to report on. Same is true for the Dow Jones, 0.55. Nasdaq up by 0.087.

[00:04:50]Russell up by 0.93 and the NYSE Composite up by 0.46. This is not a particularly impressive day. Hey, everybody. Sorry to interrupt the video.

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[00:05:38]Thank you so much. Back to the video. in the markets. And the thing about the past 5 days, if we're honest, guys, is basically choppy. It's basically flat.

[00:05:47]Market sentiment is relatively weak at the minute. You're not really seeing since about the 11th of May any growth, you know, if you look from the 11th to the 21st, a 10-day period, the S&P 500 is up by less than half a percent. So, markets aren't exactly doing too well at the minute themselves. Now, AMC, however, in some ways is. We know that AMC shares are obviously trading around 155, surging after Adam Aron disclosed the purchase of 250,000 shares, and we spoke about this in yesterday's video, by the way. So, if you're wondering why I didn't speak about this, or if you're thinking, "Yeah, but you you didn't mention."

[00:06:21]Guys, we did speak about this yesterday, of course. But, my sentiment on that was just that something's up for those that didn't see the video.

[00:06:28]I think it's a good sign, but my question is, will this bring retail interest back into the stock, right? And again, I I did say this yesterday, be careful, because this could potentially just be a short blip to the upside. It could also be the start of some upward momentum in a serious fashion. Until maybe two, three days have gone, I personally would be on the cautious side. So, now Adam Aron has bought shares, the company's executing a recovery strategy focused on expanding its premium food menus, and boosting per patron concession margins, alongside a rebound in the box office.

[00:07:04]We can see that there's been some recent catalysts again, including that insider buying from Adam Aron.

[00:07:09]Uh now, this is again shares worth over $340,000, which is I would say a very strong signal of confidence, right?

[00:07:17]Then we've got those new menu additions as well.

[00:07:20]And the hopes here is that that will likely increase, you know, some revenue.

[00:07:27]We can see the company has expanded its nationwide feature fare menu, introducing higher margin items like hot honey sausage pizza, sweet corn poppers, um and popcorn chicken to drive concession revenue.

[00:07:41]Analysts remain mixed, but slightly more optimistic. Firms like Benchmark have upgraded their outlooks, banking on debt reconstruction and increased premium screen market share. So, what does this all mean for AMC? And what am I looking for if I had to give you a brief summary? I'm not too disappointed with AMC today. You know, I would like to see it push to the upside. But, you've [snorts] also got to view this in context. AMC is actually surprisingly, and I'm not bearish on AMC. I know this might sound like I'm bearish on AMC, guys. I'm not. I want to see AMC do well, actually.

[00:08:14]But, I also like to tell you my true opinions.

[00:08:18]AMC needs to hold onto these levels.

[00:08:20]Now, [snorts] in AMC's favor, they are doing very well, or the stock is doing well, I should say, at actually not rejecting and bouncing straight back to the downside and having extreme volatility. Building a support here today has been quite good, right?

[00:08:35]My hope is that we can see that support continue, stay within this channel, especially holding onto those levels of support lower down for that hopeful push to the upside, a breakout of that high level of resistance, and hopefully continued push onto higher levels. Thank you so much for your time, guys. I hope I'll get to see you again soon. Goodbye for now.