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Alias Born | 03/23/2013 |
Thursday, June 10, 2021 4:18:12 PM
A bounce is good...but the character of the bounce is what is most important, as it indicates likelihood of follow-through/ trend change or if the down trend will be reinforced.
overhead resistance was encountered yesterday and higher prices were quickly rejected.
Ice Lines near bottoms are very difficult to break. Add to that the resistance of the falling 50-day moving average and you have a setup that looks juicy for short traders.
XRP = Pullback to support (rising); higher lows...
Poke all you want. I continue to accumulate on the demand line and will ride this up until you conclude you wish you had some. Then I'll sell a few to you. XRP hasn't even started to show any value yet. Do you think I care if it fluctuates in a 1 - 1.50 range when it will soon trade through 100,200,300, 500 and so on? My basis is 0.14 cents. As long as support holds, this low cost/high reward investment is golden
AMRN on the other hand, not so good.
I've got news for you. A runup to 26 followed by a takedown to 4.00 isn't exactly "AMRN actually hold Value" , but if you think it is, then you are positioned in the right stock ;)
Recent AMRN News
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- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 03/04/2024 10:30:53 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 03/04/2024 01:00:24 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 12:05:56 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 12:00:49 PM
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