AMC and H&S on 1 Hour Alternative Support
See my chart on the daily pennant for AMC, as reference. Depending on what day AMC hits the lower rising angle on the pennant, the level (or support line) drawn off the angle will be slightly lower or higher. Two support lines hit the pennant angle, 36.70 and a few days later 37.70.
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.