AMTX piece de resistanceAMTX hit resistance and was rejected 7/9. Aemetis will power through this, timeframe tbd.
But with another ATM sale on the horizon, this great concept circular biofuel economy will be a slog for shareholders.
AMTX trade ideas
AMTX LONGAemetis (NASDAQ: AMTX) is working on technologies to replace petroleum-based products with renewable fuels, but its stock has dropped over 50% in the last year due to ongoing losses. However, it might be turning a corner, as analysts expect it to become profitable within two years and project a 90% increase in sales this year to $354 million. An analyst recently gave it a "Buy" rating with a $28 price target, highlighting strong revenue growth. While there are risks in scaling up operations and launching a sustainable aviation fuel plant, the current low stock price could make it a worthwhile investment.
$3 break and ride the liquid shelf to targets above.
AMTX: The strong of Quasimodo patternAMTX: The strong of Quasimodo pattern
-Quasimodo pattern.
-Key level support.
-Demand zone.
-Less volume at the bottom.
AMTX Short Entrymy last order at 5.90 was hit, I added the 7 level as well with an order at 6.90 another exponent up in size. the target for this order is 6.05
AMTX Pending Short Entry I have a short order waiting at the 6.00 level at 5.90. My target will be 5.51, half way to the real 5.00 support. on account of how the stock is not "too" extended.
AMTX has a float of 34.44M shares, a 19.10% short float which is concerning, a market cap of 223.37M, and a net income of -115.90M
The stock is up 225% since the early May lows.
The stock appears to have begun its break out after releasing press stating the EPA approved its plan for a renewable gas production facility.
AMTX BULLISH CRAB PATTERN + COMPLETION OF WXY CORRECTION WAVE 2Potential bullish crab harmonic pattern completion. We may be completing wave 2 of a very large sequence in the form of WXY correction. we shall see!
AMTX AMTX is looking pretty interesting to me as it’s potentially creating a very nice higher low and also controlling the uptrend support area. We still have some resistance to clear based off of some of my indicators I love to use and rely on, however the first area I will be watching is the $15 range. It also seems to have a very large symetrical triangle based off of the whole trend but this could definitely turned into a beautiful double bottom, and we could see that any time we create even a smaller double bottom pattern off this Same long-term trendline, we get a massive push up.
AMTX flagging and about to breakoutNASDAQ:AMTX is about to break out of the flag pattern. Long the breakout, targets and price action are shown on the chart, tight stop loss daily close below 19.5$.
Hit the like button please if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
$AMTX Target 15.00 for 56.41% $AMTX Target 15.00 for 56.41%
Or Next add at 14.46
-----
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
Added to $AMTX Target 15.31 for 54.65% $AMTX Target 15.31 for 54.65%
Well this one is lining up nicely… let’s go…
Support is at 8.67 and I’ll add there if it goes that way…
I did add at support the other day but couldn't update until now... so my average is a little bit lower than the last chart.
-----
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
🟢 NEW POSITION $AMTX Target 15.73 for 52.42%🟢 $AMTX Target 15.73 for 52.42%
Or double position at 4.91
Entry target hit... wooo hoooo.... 🥳 Long here...
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
WATCHING $AMTX for ENTRY TARGET @ 10.32WATCHING $AMTX for ENTRY TARGET @ 10.32
I’m practicing to nail my entries even better… if target hits I will take a position.
Looks like a really beautiful upside here.
If there's any ticker symbol you'd like me to determine a good entry price just comment below and I'll do as many as time permits. Some days I have lots of time and other’s not so much but as I can I’ll do them (and If I have enough charts left)
Technical Indicator Analysis- EMATrend Indicator Analysis in AMTX stoks. Practice for Tecnologia Financiera
AEMETIS alternative fuels has gained 4200% over 12 months I first posted about Aemetis when it was $1.95 and it looked interesting then. Of course I didn't buy in and it is now sitting at $22.45.
RSI is looking at a reasonably bullish area at 65 and pointing up. Looks like on past history you can ride the RSI into mid 80s before expecting a pullback. I like that it is still a low $20's stock so the retail buyers should find it attractive still.
From their website: Aemetis is an advanced renewable fuels and biochemicals company focused on the production of advanced fuels and chemicals through the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by conversion of first-generation ethanol and biodiesel plants into advanced biorefineries.
Could be worth a look.
AMTX Short William Alligator : the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.
RSI : the line is above 70, so the stock is currently overbought.
Candlestick patterns : there is a bullish engulfing which is a bullish confirmation.
Overall : it can be interesting to take a sell position on this stock because the stock is currently overbought. Entry price is higher than the current price for assurance and stop loss is set at -5%.
AMTX: Bullish Flag, confirmed (77PC)Bullish Flag, confirmed (77PC)
Pros:
Volume during post formation
Descending volume during flag formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 4
200MA ascending
250RSI above 50
Cons:
No volume at break out
Target:
PT = 26.23$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
Education:
www.dailyfx.com
AMTX: Bullish FlagBullish Flag
Pros:
Volume during post formation
Descending volume during flag forming
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 4
250RSI above 50
200MA ascending
Target:
PT = 28.84$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Stay Humble, have fun, make money!
