AMC - 5 Challenges to $50

If AMC stays ABOVE the gap zone (BLACK lines) then there will be 5 challenges for AMC to get back to the 50 area.

Challenge 1: 39.75 - 40 .25

Challenge 2: 42.50 - 43.00

Challenge 3: PURPLE RES. LINE

Challenge 4: 46.00 - 46.50

Challenge 5: 48.50 - 49.00

Comment:

This analysis still is looking confident. the lower support line seems to be slightly off, or, the trend analysis has failed and price will decline.

Comment:

Great results ;)

Comment:

Possible sideways price action to meet that lower support line and push up off of it again

Comment:

Well this was as perfect as you can get it. Hit PLAY on this, 100%%%%%%