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AMC Technical Analysis - Friday June 3, 2021

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NYSE:AMC   AMC Entertainment
Price needs to stay above the dynamic yellow trend line to sustain the bull run. Critical support is $43.10 and scaling up to $50.61 by market close. If price breaks down below support, bears have taken control. Second confirmation signal confirms when RSI on the 30 min chart is below 50. Overall, I’m still bullish! 50/50 on breaking the ATH today.

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