AMMO, Inc.לונג
Cooled off after earnings
This stock has had two nice big moves up before cooling off.
This was a classic don't hold through earnings, expectations running very high carrying a lot of risk.
Now that the dust has settled, boredom has set in. Bouncing off the 50 RSI is nice, I wouldn't want to own it under it.
Chart
- right on its magic line / moving average
- tight closes on very low volume, signaling boredom and getting ready to make a move
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Disclaimer: this is not financial advice, I am not a CPA.
Trade at your own risk.
This was a classic don't hold through earnings, expectations running very high carrying a lot of risk.
Now that the dust has settled, boredom has set in. Bouncing off the 50 RSI is nice, I wouldn't want to own it under it.
Chart
- right on its magic line / moving average
- tight closes on very low volume, signaling boredom and getting ready to make a move
-----------
Disclaimer: this is not financial advice, I am not a CPA.
Trade at your own risk.
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