With a float of only 3,25M AMS is setting up for a parabolic spike. Price opened with a slight gap up to close above the .23 fib level and above the trend line on the daily. It also managed to break out of its wedge on the weekly. In addition the RSI is still low and the MACD is crossing.
Over $3.07 this rips to the upside. One of the best setups Ive seen in a while.
Over $3.07 this rips to the upside. One of the best setups Ive seen in a while.
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