if you missed the trade just wait it out A downtrend takes time and multiple deep retracements to change the long term trend so its possible we will revisit sub $5 on this asset at least 1 more time please checkout my video on AMRS for a more in depth look.that analysis is still valid
Nah its breaking out and the company is killing it.
rigorocks
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@mamadore, coming off of a significant downtrend like this. we should see an initial impulse. how far that initial impulse does not matter much. we want to buy at the retracement of that move to set up a proper trading strategy with a stop loss and algorithmic laddering strategy. we have to buy in areas that will give us as little risk as possible. good luck
Waiting_For_The_Rip
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Can I ask why is wave 5 not longer than wave 2 in your updated chart? The 5 was always much longer on the wave down and would expect that on the way up.
rigorocks
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@chazrbates, not sure i understand the question.
the wave 5 and wave 2 have no relationship.
the wave 5 has a relationship with the wave 1 and wave 3.
the wave 2 has a relationship with the wave 4
hope this helps
Gordon19706
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so ,i wait to get in around 6 - 7 dollars again....but it looks like i passed th train:(...revisit 5...hhmmm
rigorocks
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@Gordon19706, i wont touch it unless i see it at $3 or below honestly.there are so many charts out there with less risk.best to wait it out until then
Gordon19706
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@rigorocks, I'm a little in love with the interviews by amyris part 1 and 2 on youtube. what the company does is unique. but you are right. it's about making money. what I would be very interested in would be Techtronic Industries, VET (Vechain) and Yunji. you are the best.