lowtrade

[lowtrade]

AMBS update. pennyland

I pulled the trigger @ .175, short of .18 target which was reached and passed to .195, but today is the red exit signal day.

IMO take profits if you haven't and I doubt there will be another step up. ADX hit 50 and strong move possible. That move should be down. 90% of todays volume spike was the panic selling rush hour to 10:30 am. Very little come back volume involved in forming the large bottom candle tail. Dark master is not selling into the run any longer. But recommend watching just in case.

http://stockcharts.com/h-sc/ui?s=AMBS&p=D&yr=0&mn=3&dy=0&id=p89550038495