AMC has been in this pennant since june when the run to $70 happened. a recent reject of the 50MA and trend line resistance set it lower maybe due to a few brave funds who have announced a short position on the stock. i think 28-29 is a good entry with a tight stop of course. until then this is in no mans land for me. AMC GME and other meme stocks tend to trade the inverse of the broader market so i wouldnt be surprised if this broke out while the market breaks down as it coils into a tighter range.
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