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xtf_ze_trader
Apr 6, 2020 10:21 AM

AMS on a blink of a breakout Long

ATOMOS LIMITEDASX

Description

One interesting stock in terms of TA. It has broken the 0.555 fibonacci resistance and now it is looking to test to the next fib level. Be aware of one historic resistance around 0.65 but to me the major resistance is the 0.382 fib extension. If it is taken I will be looking to the 1.070 as the next major resistance. For those jumping on this wagon atm the SL would be below 0.555 and target will depend on your investment plan if you are long term holder you can look for the 1.070 or even 1.5$. Be aware of todays yuuuge volume. I smell a fomo.
Comments
xtf_ze_trader
The resistance at 0.66 seems to be strong. AMS could not break it today despite many stocks pushing her today. I start believing when it is broken it may open the gates towards 1$.
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