drose0527
Oct 3, 2:41 PM
$AMTX From a technical standpoint on our trade it really shows a positive outlook on this company. I know we have gotten tid bits of positive news that seems to have not been priced positively by market yet but our time is coming. Looking at the trade in its current position. Price is in fact holding its support level. What do I mean bay this? Well in this current draw back price has stopped back to our cross over point on daily chart. See picture 1. Which is exactly where price held as of yesterday at 1.68 -1.69. Now looking at long term trajectory of stock it’s been in a free fall for many years from April of 2021. And sent price its ultimate bottom on March 5th of this year. See picture 2. Now the difference in chart structure shows that the price structure on the left in picture 3 shows market valuation for price acceptance at a higher level. As volatility is rising higher instead of lower. Looking from our launch at 1.38 stock has set 4 consecutive higher lows 1.24,1,30,1.37,1.41
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