lena_vf

AMTX Short

Short
NASDAQ:AMTX   Aemetis, Inc
William Alligator: the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.

RSI: the line is above 70, so the stock is currently overbought.

Candlestick patterns: there is a bullish engulfing which is a bullish confirmation.

Overall: it can be interesting to take a sell position on this stock because the stock is currently overbought. Entry price is higher than the current price for assurance and stop loss is set at -5%.

Comments