AMC Entertainment
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AMC Analysis

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Price has been playing out nicely according to my analysis. Price took out buy-side liquidity before taking the sell-side liquidity, to mitigate the current bullish POI at 5.05. If price wants to go higher, this bullish POI will be respected and we would see at least a reaction into the newly formed bearish POI at 6.96. I'm expecting price to do a bullish retracement from here anyway.

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