chartxzy

$AMC Technical Update

Long
NYSE:AMC   AMC Entertainment
Chart is self explanatory, looking for support near this 161% retracement level, near $58 range. A solid green candle close above this level would indicate a new trading zone with squeeze momentum being the catalyst. New zone would bring the range between 58-90. Also a bull flag setup on the daily since the breakout towards $70. Expect this to retest ATH's.
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