IrisJack
2021-10-12

$AMC Entertainment(AMC)$ Wall street swears by 200 EMA. If #AMC trades above $30 one more month the 200 day Exponential Moving Average will be around $45. $AMC has traded ~ 50% above 200 EMA in 2021. Hypothetical bottom in November will be $67.50. This is why smaller shorts are starting to cover.

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