Jack Ong
04-09 14:23

$AMC Entertainment(AMC)$  

Here is my analysis for intraday detailers:

📅 Thursday (Apr 9, 2026)

Morning (9:30–11:00 AM EST)  

- Likely breakout attempt above \$1.44.  

- Entry zone: \$1.45–\$1.46 after retest.  

- Target: \$1.50 (psychological barrier).  

- Stop-loss: \$1.42.


Midday (11:00–2:00 PM EST)  

- Consolidation expected between \$1.46–\$1.50.  

- If volume > 40M, momentum may push toward \$1.55.  

- Watch for sideways chop; avoid chasing.


Afternoon (2:00–4:00 PM EST)  

- Retail momentum often spikes late session.  

- Extension target: \$1.55–\$1.60.  

- Risk: pullback to \$1.44–\$1.46 if breakout fails.

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📅 Friday (Apr 10, 2026)

Morning (9:30–11:00 AM EST)  

- If Thursday closes above \$1.50, expect gap-up open.  

- Entry zone: \$1.52–\$1.54.  

- Target: \$1.60.  

- Stop-loss: \$1.48.


Midday (11:00–2:00 PM EST)  

- Consolidation around \$1.55–\$1.60.  

- If momentum holds, next resistance: \$1.72 (AI forecast projection).  

- Volume confirmation critical.


Afternoon (2:00–4:00 PM EST)  

- Possible test of \$1.70–\$1.72 if bullish sentiment persists.  

- Risk: profit-taking into weekend → pullback to \$1.55.

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🎯 Key Levels to Watch

- Support: \$1.42, \$1.44 (post-breakout retest), \$1.30 (strong base).  

- Resistance: \$1.50, \$1.55–\$1.60, \$1.72.  

- Psychological Pivot: \$2.00 (unlikely this week, but medium-term target).

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.

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