One thing to note is that even in the TA world there are many schools of thoughts all competing for legitimacy of being the most accurate tool of usage. I notice he is using both a trendline and horizontal support lines to gauge his views. Although both are straight lines, the subtly angle of trendline V zero and Horiz lines makes a lot of difference in bias view.
17.08 was the 'last' line of support broken this week on a daily view. Longer-term investors will probably wait until the close of Friday. At 16 bucks, suddenly the overhead resistance block is obvious. Even on the weekly, the trendline broke this week but premature until the Friday close! Going into the monthly, the trend is still intact and healthy BUT by the time that monthly trendline is tested, a big haircut to the valuation.
If using an alternative navel gazing method by projecting each pullback, there were 2 large ones in 2018 & 2019, both with equal distance move down (coincidence?) then this falling knife projection has a 14 handle to the price.
A2M Price at posting:
$16.84 Sentiment: Hold Disclosure: Held
(20min delay)