That analysis is based on just a few days trading and is...

That analysis is based on just a few days trading and is worthless to anyone but day traders (who always seem to be losers in my experience.)  Zoom back out for the bigger picture and you can see an obvious double bottom in AMI over the last few months. From Investopedia:

• The double bottom looks like the letter "W". The twice-touched low is considered a support level.
• The double bottom pattern always follows a major or minor downtrend in a particular security, and signals the reversal and the beginning of a potential uptrend.

https://www.investopedia.com/terms/d/doublebottom.asp