A2M looking weak on the Weekly and Monthly chart and forming Lower Highs and Lower Lows on the Daily Chart, suggesting lower prices to be seen ahead. Price may come to either one of the Support Levels ideally in the Fibonacci Retracement Zone between 50-61.8% level (The Golden Pocket Zone) and a very strong Support level for a very good buying opportunity.
Note: Please note these are my notes for my own future reference. By no means trading advise to anyone. Please do your own research before entering into any trade.
Note: Please note these are my notes for my own future reference. By no means trading advise to anyone. Please do your own research before entering into any trade.
Kommentera:
Kommentera:
A2M is consolidating in the $9.70 and $10.50 range for now. If this range is broken to the downside, i expect the $8.00 - $9.00 Support Zone to come in to play which is an extremely Critical Support Zone. Lets see what it does.