vaidhynathdubey

AMC looks bullish

Long
NYSE:AMC   AMC Entertainment
1. price contraction is building up. ( wedge pattern )
2.inflation and bond yield event has been observed by the market.( bad times are gone)
3. festive season is about to come. (+ve for entertainment industry)
4. 100 EMA support is visible as seen is past.

one should wait for the breakout.

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