Long
$AFMD Pump
its been a while
reasons for pump:
after a long downtrend, price has formed a base above a 3 day demand block.
price has had a bullish reaction off a triple tap of support (triple bottom).
base looks to be accumulation with a bullish divergence on the daily RSI.
unusually high v
EMA's are beginning to turn upwards after much consolidation.
looking to play the expansion phase of this consolidation, with an entry at the retest upon breakout.
tp 1 = $8.47 (i expect higher)
tp 2 = $11.00
stop below 12 hr breaker
glhf
reasons for pump:
after a long downtrend, price has formed a base above a 3 day demand block.
price has had a bullish reaction off a triple tap of support (triple bottom).
base looks to be accumulation with a bullish divergence on the daily RSI.
unusually high v
EMA's are beginning to turn upwards after much consolidation.
looking to play the expansion phase of this consolidation, with an entry at the retest upon breakout.
tp 1 = $8.47 (i expect higher)
tp 2 = $11.00
stop below 12 hr breaker
glhf
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.