AMC EntertainmentUpdated (AMC 4H) Grab some popcorn and enjoy the Analysis!!
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
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.