Tuesday, October 18, 2016 5:30:59 AM
ACAD pincher $24.33
AMDA .83
Notice the squeeze ACAD has looking at the ADX/PPO indicators, pressure to the upside. Now with AMDA it's more like a squeeze that we see on a typical Bollinger band squeeze play (here I'm looking at the ADX & PPO). The sustainability of a pincher to hold a gain at a higher support level instead of just pinching and then continuing its bearish trend is a bit more in depth. AMDA for example has better support levels already built in. While the pinch isn't as tight as ACAD, the chances are better for a swing. Then of course come the fundamentals, which I'm purdy sure ACAD has AMDA beat for a longer term play (keeping the "if" factor out). ACAD also could be considered a dead cat bounce play and like we saw on OMER yesterday can be very short lived. Want to keep fundamentals in check along with the technicals. At least that's my method as a longer term swing player. This board just wants the pinchers though many things can happen to create it.
My disclosure~ I've been accumulating on AMDA. No position in ACAD or OMER.
OMER dead cat bounce...
AMDA .83
AMDA .83
Notice the squeeze ACAD has looking at the ADX/PPO indicators, pressure to the upside. Now with AMDA it's more like a squeeze that we see on a typical Bollinger band squeeze play (here I'm looking at the ADX & PPO). The sustainability of a pincher to hold a gain at a higher support level instead of just pinching and then continuing its bearish trend is a bit more in depth. AMDA for example has better support levels already built in. While the pinch isn't as tight as ACAD, the chances are better for a swing. Then of course come the fundamentals, which I'm purdy sure ACAD has AMDA beat for a longer term play (keeping the "if" factor out). ACAD also could be considered a dead cat bounce play and like we saw on OMER yesterday can be very short lived. Want to keep fundamentals in check along with the technicals. At least that's my method as a longer term swing player. This board just wants the pinchers though many things can happen to create it.
My disclosure~ I've been accumulating on AMDA. No position in ACAD or OMER.
OMER dead cat bounce...
AMDA .83
"Perfection is not attainable, but if we chase perfection we can catch
excellence." Vince Lombardi
Do your research! Play the TA. All posts are my opinion.
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