TradingView
OTM.Investments
Jul 31, 2020 2:31 AM

First Higher High Since 2011. (LODE) 

Comstock Inc.Arca

Description

I will be trying to get a fill around 65 cents as that is the high of the previous impulse in this massive downward channel.

As of now it looks as it could be a double bottom with strong buys from the 30 cents range.

I am attacking at the top of the channel and this can be a risky move. Comstock announced positive income for second quarter which is a bonus.

If broke 65 cents than I would look to play at the lows around 30 cents for a long term hold.

A breakout of this channel would be a strong sign.

More