Insiders loading - BIG GAP FILL POTENTIAL - AMLX - BIOTECH PLAY
Insiders high level are loading up shares in the sub 3.00 area, I will personally scoop up shares between 2.99-2.54 Below that this plan is invalid. Stop placed at 2.54.
HUGE POTENTIAL FOR GAP FILL ON ANY POSITIVE NEWS. GOING THROUGH NO MANS LAND WITH VOLUME MEANS HUGE POTENTAL.
Because these things can be event based set your limit sells at numbers that make sense for you.
I will be cutting 35% around 4.30-4.40. Might buy back if it drops to 3.80s before any gap filling takes place.
Looking at a 43% upside from these levels to recent highs and if a bullish event-based volume day happens... Well, 6.51 is the next stop, and possibly $11.
Not a bad risk/reward ratio here.
Maybe the insiders, CFOs directors know something we don't just yet.
HUGE POTENTIAL FOR GAP FILL ON ANY POSITIVE NEWS. GOING THROUGH NO MANS LAND WITH VOLUME MEANS HUGE POTENTAL.
Because these things can be event based set your limit sells at numbers that make sense for you.
I will be cutting 35% around 4.30-4.40. Might buy back if it drops to 3.80s before any gap filling takes place.
Looking at a 43% upside from these levels to recent highs and if a bullish event-based volume day happens... Well, 6.51 is the next stop, and possibly $11.
Not a bad risk/reward ratio here.
Maybe the insiders, CFOs directors know something we don't just yet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.