This DD first appeared on Reddit on 25 August posted by user u/girthygirthmonster. This is not financial advice, and Apes Army does not endorse any of the information here. This post has been reproduced without editing for posterity only. This is not in any way financial advice. Do your own research.
We can now predict AMC’s movement every 90 days.
TLDR
- Every 90 days (roughly) from 19 Feb 2021, AMC price will increase.
- Price increase (with plateau) lasts roughly one month.
- AMC price drop (after 30 days of upward movement) lasts roughly two months.
- IMPORTANT: Buy the dip now that we know when it will happen and load up on shares when they are cheap. Same plan as always, buy and hold! Even if the price drops, the price we see does not reflect the actual price of the stock! So there is absolutely no reason for anyone to be selling!
This is an algorithmic shorting pattern that can be used to forecast the movement of the stock seeing how 21 Aug 2021 turned out for AMC. Furthermore, just so it’s known, this pattern doesn’t just apply to AMC either. It applies to all meme stocks.
The OP to figure this out did this for GME and dove a bit deeper into the algorithmic behavior. I do think it’s important to understand, so please take a look at his post because the concept still applies to AMC. As for everything else, all I’ve done is carry over his work and applying it to AMC.
So please, don’t flag this for talking about another stock.Dates where price increases:
19 Feb 2021 – 19 Mar 2021
21 May 2021 – 30 June 2021
21 Aug 2021 – 21 Sep 2021
21 Nov 2021 – 31 Dec 2021Dates where price decreases:
19 Mar 2021 – 21 May 2021
30 June 2021 – 21 Aug 2021
21 Sep 2021 – 21 Nov 2021
31 Dec 2021 – 21 Feb 2022
19 Feb 2021 – 21 May 2021
19 Feb – 19 Mar is the positive movement in the stock.
19 March – 21 May is the negative movement in the stock.
21 May 2021 – 21 Aug 2021
21 May – 30 June is the positive movement in the stock.
30 June – 20 Aug is the negative movement in the stock.