This surge suggests earnings optimism — traders are pricing in a turnaround narrative (“Movies are back”).
• If AMC opens above $2.20, momentum could extend toward $2.38–$2.50 intraday.
• If it pulls back to $2.10–$2.15, that’s a healthy retest zone before another leg up.
Therefore, I have decided and already sold partial of holding just now.
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• If AMC holds above $2.40, momentum can resume toward $2.60–$2.75.
• If it drops below $2.38, expect a short‑term correction to $2.30–$2.32 before rebounding.
• Volume is key — a spike above 1.5 M pre‑market would confirm renewed buying interest.