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AcetheGap11
Jul 4, 2014 5:56 PM

$AMEL On Bounce Watch Long

Description

On the hunt for the next hot sector? Will the Pot sector return to glory? Well the lithium sector could become the front runner with the right catalyst. Tesla is on the move to build new factories and add in a rise on oil and the lithium stocks could get dragged into the spotlight.

Aside from that speculation; AMEL is a former runner that is starting to form a nice base at the .0024 area. I will be watching for a break above the shown downtrend line with some volume and we could have a nice bounce.

Ok, now its time to get back to my DD on TSLA and lithium OTC stocks.

Good Luck!
Comments
Marius_Johnsrud
great find! one of my fav setups. defined stop placement and a great r/r. should at least get a bounce off of this one
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