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AMC | Informative

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NYSE:AMC   AMC Entertainment
AMC

If the price breaks below $4.60, the next target could be $4.30, followed by another potential target at $3.70. If it continues to lose the $3.70 area, there is a possibility of it reaching $1.50.

On the bullish side, there is a potential for a counter-pullback due to the formation of a double bottom and oversold conditions. However, it is important to note that this bullish scenario may be temporary in nature.
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