Amyris Inc (AMRSQ)

[finesand]

Hey, Clay, not even willing to see resistance and RSI 'eh?
Just mumbling about your 30 minute chart of TWO DAYS 2.10 support and whether that poor weak stock will hold its knee jerk reaction. I love your obvious style, your guys in the red paint?

Maybe you should try TA even for once?
Yes, we do use the daily chart Sir.
RSI still super low, bounced off lower BB,
was rejected on the 8ema (maybe tell your trolls the meaning of the 8ema for once?).
On the 5min, 15min and yes, 30min, 8ema finally held below the candles for 1.5 days. What does that mean Sir? Yes, bullish reversal.
Also, it is not 2.10, but 2 - 2.20 range which should hold,
i.e. maintaining at least partially the bullish engulfing candle.
I personally will watch out for 2.20 support, just in case.
Resistance is the 8ema 2.48 for obvious reasons, bears don't like to see stock in an uptrend. Then the actual resistance of 2.50 produced by last 8 trading days.
After 2.50 is broken, the 20MA and MBB 3.22 shall be reached quickly and a dramatic rise shall occur.

I hear 'em already, 'w/o news it P&D', while a plunge w/o news is just fine :)
News are already out, great 2Q17 and the premium offering, sold 54% of company @ 5.97. Maybe even more at 6.41. But who cares about the important evaluation, who puts money where their mouth is.


No thanks Mr Captain Non-Obvious, but surely we are used to volatility and will take advantage of the shorts Monday on the attempt to bring this down. Some longs might even 'short' themselves, but only to cover and buy more just above your telegraphed covering price target, creating a nice inflection point around 10:30am? Maybe earlier?. This stock always trades under lots of distress, used to it - not losing.

Copying a nice chart as posted recently .. have fun.