AMC Entertainment
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(AMC 4H) Grab some popcorn and enjoy the Analysis!!

277
AMC is at a huge level! Usually I love looking at higher time frames for an overall outlook on direction and price's future. But 4 hour is a great chart to periodically check in on.

KEY LEVELS:

CURRENT SUPPOT - $20.00

MORE SUPPORT - $9.00

RESISTANCE - $ 34.00

We either need to form an inverse head and shoulders around the $20.00 level

OR

Price will consolidate around $20.00 Support

INVALID IF WE BREAK BELOW $20.00!! We will wait for it to stop going down if it breaksthrough $20.00

Happy Trading
Note
If we can"t hold this $20.00 level,
$9.00 is our next support

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