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Is AMC gaining bullish strength? 50 Day Moving Average Support shows up after crashing 5.5%
AMC closed down 5.5% on Thursday, June 25th, with volume running 1.6× above average. Mixed technical signals appeared with 50 DMA Support and 200 DMA Support suggesting upside potential, while New Downtrend and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.73, 1.57 & 1.42, with resistance at 2.04, 2.19 & 2.35.
Current SwingTradeBot Technical Rating of AMC: D
There’s more where that came from. See all of today’s signals for AMC here.
Read full article here »