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Joshh_Tradess
Jan 13, 2021 5:24 PM

$AMPE 

Description

Holding horizontal support

Daily and 4hr hidden bullish divergence on the MACD and RSI

Stop = Below horizontal support

Target = Resistance @ $2.11

Comment

Failed trade
Comments
Donnyboy123
The daily candle of 1/15 is a clear directional change. Why have you called this a failed trade, the stock is $2 offer and has nothing but good news ahead of it?
Joshh_Tradess
@Donnyboy123, that is true. I was purely posting this trade for my own educational purposes as I do with many of these plays. According to the stop I set, I would've got stopped out. Although if I was actually in the trade, I maybe would've reconsidered. Looking back, I needed a looser stop but I'm sure the fundamentals of the company are good.
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