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