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AMC: The Importance of HOLDING 61.8% Levels
AMC Entertainment
AMC: The Importance of HOLDING 61.8% Levels
By learn2trade
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Aug 12, 2021
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Aug 12, 2021
AMC so far sustained the sell-off reaction post earnings and was able to hold the critically important 61.8% Fibonacci levels.
The price holing those levels should be interpreted as a confirmation that the sell-off could be tapering off... Let's see!
Happy Trading and please do not forget to do your own DD!
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