AMC Entertainment

Analysis

146
Hello!! as you can see on the graph we are in an uptrend and on top of that we are above the vwap indicator. Thus, the market may continue to rise if the resistance line is forcefully broken by a large green candle and followed by large green volume. On the other hand, we could have a reversal of the trend if and only if the vwap indicator as well as the support line are forcefully broken by a large red candle and accompanied by a large red volume.Thanks.

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