Short Term Trading Week Starting: 5 Feb, page-92

  1. 1,224 Posts.
    lightbulb Created with Sketch. 227
    Would you see it this way?

    AMI daily. Price sitting nicely above ST/LT MAs. Support zone highlighted.

    AMI daily 05-02-18_close 1.jpg

    The chart above shows AMI closing on a key long-term s/r level @$0.34. Next chart shows the bigger picture. AMI daily 05-02-18_wide 2.jpg
    A closer look at the LT resistance levels, in my view $0.36, $0.38, $0.39 (note this is looking at 2014):

    AMI daily 05-02-18_close 3.jpg

    The weekly is the most interesting. Critical in my view is a close above that upper channel in the next 1-2 weeks.
    AMI weekly 05-02-18.jpg

    I don't hold @Goldbull22, but I liked your tip and took the opportunity to practice my charts, which I'm new at. So, any comments/criticism is welcome from anyone
 
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