We have held the 236, targeting the 382. My main concern with this trade is the recent high. I've allowed some wiggle room for a retest. Usual stop loss MGMT of taking profit in 3rd's and riding weekly HK candles.
The stock has dropped 32% during the last month. But untrend still in tact and today we mark the turn around to upside.
This move should challenge the high within 3 months and move to $3 by year end.
A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend.
This bullish pattern...
Technically we have a break out new high and higher volume. This will take the stock to $2.00 But the stock is grossly undervalued and in 2022 we are looking for $6.
Oil is a commodity that is price controlled and AOIFF was selling it at $55 per barrel and making a profit. With oil now selling at $80 the company will increase price to $65 per barrel. The...
AOI making its way up the Fib ladder, we've flipped the Weekly and Daily MA's and broken out of the major down trend. Entering here on this small pullback with a clear target to the previous high. Usual SL MGMT 50:50 daily and weekly.
