AMC stock's first Golden Cross in over 3 years signals explosive rally

Although AMC Entertainment (NYSE: AMC) stocks had weak price performance this year, mired by significant dips and mild recoveries, they might soon enter a bullish phase, according to a rare technical analysis (TA) indicator that has suggested the strong chance of an explosive rally.Specifically, AMC stock has recently demonstrated a golden cross, the first such chart pattern to occur for the shares of the American entertainment company since February 2021, according to the observations shared by markets ana ...