AMC The Danger has not passed yet!

Mar 6

1) As you see i drew 2 resistance lines on CCI indicator and one of them will have been broken soon but we will wait for second one.
2) I drew resistance line on DMI indicator and it has not been broken yet.

Mar 6

Note

RSI has 2 moving averages and they did not cross each other. It is still valid for sell sign. Also resistance line was not broken. I applied Weighted Moving Average(12 period) because in a year has 12 months. It represents 10.97 price level but price is 4.50$. We will wait more. Prices must be above this moving average.

Mar 9

Note

Resistance line was not broken this week.

Apr 21

Note

Very close to break its resistance line about CCI. It is same for +DI. Of course it may decrease more with a gap but certain buy sign will come from broken resistance line of CCI indicator.

Apr 21

Note

Daily chart.

May 11

Note

Daily chart!

May 14

Note

Resistance lines of RSI and CCI was broken yesterday.

May 21

Note

Both resistance line was broken last week of CCI.
+DI has broken its resistance line last week.

May 24

Note

First resistance line was broken last week with huge volume.

Jul 20

Note

Daily Chart! RSI broke support line.

Aug 14

Note

Daily Chart! CCI broke resistance line.

Aug 20

Note

Daily Chart! Momentum broke resistance line. We will see that will work or not.

Aug 29

Note

Daily Chart! MACD is very close to break support line but RSI had already broken support line. Be careful there is symmetrical triangle weekly chart.

Aug 31

Note

Daily Chart! MACD broke support line!

Sep 7

Note

Daily Chart! RSI broke first resistance line!

Sep 12

Note

Daily Chart! MACD broke resistance line!

Sep 20

Note

Weekly Chart! There is symmetrical triangle and it was broken this week!