AMRS Descending Channel

AMRS has been in a descending channel since November, and finally looks like it might breakout out. However, it was added to Zach's strong sell ranking list on April 7th. If it can get some volume we could still make a good 5%. If breaks out on strong volume my entry will be .51 and profit target of .535-.57. SL will be set at .495

NASDAQ:AMRS

Trade geschlossen: Ziel wurde erreicht:

Beautiful play getting out at 0.573, might move a little higher but i'm gonna take my 12.5% profit and let it be.
Happy trading!