re: heading north Howdy Goblin,
Congrats on this one it has been a great move.
I am just wondering what you think will happen once this gap is filled?
The stochastics and rsi look overbought, yesterdays candle gapped up on big volume which sometimes seems to indicate that the smart money is taking profits slightly ahead of the short term top?
Maybe AMP has a little further to run yet on this particular move, but I have this feeling a retrace is close by.
Worth mentioning too that there is gaps overhead in the mid $6 range - maybe that is ultimately where AMP is headed, but a retrace first? (which is healthy for the continuation of the uptrend)
Maybe I am being too cautious?
Regards
Commy
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 174234 | $1.33 |
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Price($) | Vol. | No. |
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29 | 428829 | 1.325 |
17 | 321587 | 1.320 |
11 | 132238 | 1.315 |
19 | 315679 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.335 | 101170 | 20 |
1.340 | 286884 | 22 |
1.345 | 322076 | 16 |
1.350 | 1166366 | 72 |
1.355 | 187428 | 16 |
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