AMC Entertainment

Analysis: big probability of downtrend

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On AMC as you see on the chart we will have a big probability of a downtrend continuity after the breakout with strenght the vwap indicator and also the support line by a big red candle with a large red volume. In other hand we could have a reversal trend (uptrend) if only if we have the breakout with strenght the vwap indicator and the resistance line by a big green candle with a large green volume. Thanks.

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