AMC & GME Algos speeding up

Summary

In this video, KGB revisits his earlier analysis of AMC and GME stocks, correcting a previous mistake regarding the measurement of bars and days. He highlights that both stocks exhibit similar trading patterns, with significant implications for future movements. The MACD indicators suggest an impending upswing, and KGB speculates that a substantial price increase for AMC could reach around $120. He invites viewers to engage with their thoughts on the analysis, emphasizing the importance of accurately understanding market algorithms and timelines for potential squeezes.

Takeaways

• 😀 The speaker deleted a previous video due to mixing up data points regarding AMC and GME, specifically bars and days.
• 📊 There are 174 bars and 1,200 days for both AMC and GME from the start of their respective runs to the 'Roaring Kitty' pump.
• 🔄 The discrepancy in measuring bars versus days highlights the importance of understanding the time frames in data analysis.
• ⏳ The upcoming patterns indicate potential movements, with either 12 bars on the weekly or 12 days after a price increase leading to future squeezes.
• 🚂 The speaker emphasizes that the algorithm governing AMC and GME movements is consistent and cannot be easily stopped.
• 📈 Analyzing MACD indicators for AMC and GME suggests an imminent upward price movement.
• 📅 The expected price action and patterns should manifest around the upcoming earnings reports on November 6th.
• 💡 The speaker invites viewer opinions on their mathematical interpretations and future predictions for AMC and GME.
• 🎯 Price predictions for AMC indicate a potential surge, estimating a 3,000% increase, with target prices around $120 and possibly reaching $350.
• 📝 The speaker acknowledges previous mistakes in data representation and aims to clarify these points in the current video.

Q & A

What was the main error KGB admitted to in the video?

KGB mistakenly confused 'bars' with 'days' in his previous video, leading to incorrect interpretations of the stock data.

How many bars and days did KGB measure from the start of the run to the Roaring Kitty pump for AMC and GME?

KGB measured 174 bars and 1,200 days for both AMC and GME from the start of their runs to the Roaring Kitty pump.

Why are the concepts of 'bars' and 'days' significant in KGB's analysis?

Understanding the distinction between 'bars' and 'days' is crucial for accurately interpreting market trends and predicting future price movements.

What pattern does KGB identify in the metrics for AMC and GME?

KGB identifies that AMC and GME display similar metrics, indicating that their trading algorithms might be aligned.

What two scenarios does KGB propose regarding the timing of a potential squeeze?

He suggests either a quick squeeze happening soon or a delayed squeeze occurring about 12 days after a significant price movement.

What technical indicator does KGB discuss, and what does he predict it indicates for AMC and GME?

KGB discusses the MACD (Moving Average Convergence Divergence) indicator, predicting that it indicates upward momentum for both stocks.

What date is significant for AMC according to KGB, and why?

November 6 is significant for AMC because it coincides with the company's earnings report, which KGB believes could catalyze price action.

What is KGB's rough price prediction for AMC based on historical trends?

KGB predicts that AMC could potentially rise to around $120, based on a 3,000% increase from its lowest point.

What does KGB suggest the community should do regarding his analysis?

KGB invites viewers to share their thoughts and insights on the mathematical implications of the current trends to foster community dialogue.

How does KGB feel about the possibility of dilution affecting stock prices?

KGB expresses concern that if there is dilution, it could impact the expected price movements, although he remains hopeful for a positive outcome.