Dec 12
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"RJ Assaly, head of business development at artificial-intelligence-driven market screening platform Toggle, said his models – based on an analysis of AMC's past trading patterns - had predicted the stock rising as high as $30, a level it touched Tuesday."
"Past instances of such bullish signals, in December 2020 and May 2021, saw the stock overshoot its predicted price by $15 to $30 dollars, he said."
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Dec 12
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