Finally time to buy AMB
Updated
I know many people that are very bullish on this project and viewed it as a great buy at nearly 2x this price point. I will leave the FA to them, but from a TA perspective I finally see value in entering here. The r/r is very good at this level and we should see a substantial gain in a few short weeks. Much like the MFT play I posted yesterday, RSI hasn't reached these lows since last August. Just like MFT, we saw a massive run following RSI reset. I will be eyeing the same here.
Trade closed: stop reached
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