Classic short setup here. Price has well attempted to make new highs but has simply run out of steam as per the volume dry up. Gap down looks ominous. Could hang here for a bit or drop like a stone tomorrow. Either way this thing looks ready to tank
$AVZ weak vol move upwards. 3rd push looks to be coming undone at the seams with a key trend break. Price has pushed back to the trend level. Little risk for potential big reward. Lots of HC and general market support for this stock. Lots of ramping. And you know how that goes. DRC tax ruling in addition to general negative market conditions adds to my short bias....
Absolutely smashed these past few days. Looks in the zone to bounce.
$AJM broken trend with a daily gap down. Next stop 0.31 support
Price swiftly heading down to test the 0.155 support level. Which is a good buying opportunity off support.
Forget the ascending triangle breakout. Look at that VOLUME.
Major false fundamental selloff on Friday. $AJM should see support this week and the possibility of a rebound.