ABMD has expanded the monthly range down and is at a very strong support zone here, hitting a high volume level, close to earnings support and the yearly SMA.
We can enter longs risking $14 downside, and aiming for $30+ upside.
Each time we expanded the monthly range down, we had higher prices in the next 3 months, on close, from the monthly close (which now is only 2 sessions away), 9 out of 10 times since the 2009 low.
Good luck,
Ivan Labrie.
We can enter longs risking $14 downside, and aiming for $30+ upside.
Each time we expanded the monthly range down, we had higher prices in the next 3 months, on close, from the monthly close (which now is only 2 sessions away), 9 out of 10 times since the 2009 low.
Good luck,
Ivan Labrie.
코멘트:
And $5 higher...looks good, up for the day/week.
코멘트:
Not bad huh?
코멘트:
This is a good area to add or reenter if you booked profit: 109.49
코멘트:
Still more upside left.
코멘트:
2x my estimate so far...
