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AMC stock price has been struggling to sustain and leave the short sellers clutch. - 2
AMC share price has slumped below 20, 50, 100 and 200-days Daily moving average. - 3
AMC Entertainment Holdings Inc (NYSE: AMC) has gained 13.53% year to date hinting towards the strong recovery with a rebound.
AMC stock price started slipping from 14th June, Wednesday, and now is the time that AMC might get a rebound to escape the big shorts. AMC shares tried to accumulate the recovery momentum in the start of June but couldn’t sustain at the resistance of $5.15 and got distributed. …
Source: https://www.thecoinrepublic.com/2023/06/20/amc-entertainment-holdings-inc-will-amc-stock-rebound-from-here/