AMC ready to breakout?
$AMC Entertainment(AMC)$ AMC ready to breakout?
- AMC just might have finished off the W5 and start a new cycle to the upside and break out of this downtrending channel. We need to hold support right here where the blue support line is to help us confirm our case that a bottom has occurred. If we break through we are going to keep falling inside this channel. I want to see price action to the upside in the coming days and weeks and hold above this support line.
Source: tradingview
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