$AMC Sits in Clear Bull Pennant, Whether it Makes Sense or Not
AMC, no matter what you think of it on a valuation basis, is sitting in a bull pennant pattern. Those should generally be respected.
They very rarely lead to outright trend reversals without so much as a test of trend highs first.
They very rarely lead to outright trend reversals without so much as a test of trend highs first.
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