Analysis

On AMC we can say that there is a balance between buyers and sellers. However, we would have a true uptrend if and only if the vwap indicator as well as the resistance line are forcefully broken by a large green candle and accompanied by large green volume. On the other hand, we would have a downtrend if the vwap and the support line are forcefully broken by a large red candle and followed by large red volume.Thanks.