Replies to post #8814 on Tasty Booshers

[RedShoulder]

ditka, thanks for your reply on the AMEP cup and handle question. I will be watching to see if AMEP breaks the .02 anytime soon.
One more question, does it have to just print a .02 HOD, or close on the .02 or better? Looking to learn something here about forming the cup and handle.
GLTY ditka.
... hawk

[RedShoulder]

ditka, re AMEP you posted "Unless AMEP breaks .02 today, which I do not think it will, expect it to come back and test .0135 as support. If that holds, I'd like to see consolidation and then a move up through the .02s"

So far today it printed a .0195 HOD during early trading. Later printed a low of .0141, and is currently near the day's low of .0145. It will be interesing to see how it finishes the day on this very high Vol of +19 Million so far today.
Will it bounce off the .0135 or the .0141? Or do something else? Well see.
Thanks ditka for the technical read, and GLTY.
... hawk