AMAL short setup
I have a list of several names I had been jotting down in my journal since January. My pendulum picked this stock after I asked for a name that would make money the fastest of the bunch.
The levels I get are to watch for a high around $25.49 - likely tomorrow - to short.
I was guided to get a date, which is Friday. So I'm thinking this is only for this week, which is great, but what if the move down starts on Friday? Idk. That's a possibility. The target is $20.16.
They already had earnings, which is the reason for this recent rally.
That's pretty much it. I wouldn't want to see it get over $26 or I'm wrong, but it might get into the $19 zone.
The levels I get are to watch for a high around $25.49 - likely tomorrow - to short.
I was guided to get a date, which is Friday. So I'm thinking this is only for this week, which is great, but what if the move down starts on Friday? Idk. That's a possibility. The target is $20.16.
They already had earnings, which is the reason for this recent rally.
That's pretty much it. I wouldn't want to see it get over $26 or I'm wrong, but it might get into the $19 zone.
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