AZTC: Oddly enough, if I run a line from Tuesday afternoon last week through Wednesday morning, on a 5-day, that slope pretty well supports the bottoms set up this afternoon... personally, though, I think that's stretchin' the limits of drawing straight lines. I guess tomorrow will tell.
I'm riding 2K for free after dropping 10K from an entry just under $6.
I wholeheartedly agree w/your view of AZTC being in a strong uptrend, but I'm betting on at least one more worthwhile pullback to the low 6's. I'm also looking at the triangle being set up by the tops @ ~$7.50 & the rising bottoms since Halloween (10/28, 11/9, 12/27, 1/31-2/10), yielding a range of ~$6 - 7 3/8...convergence in about 3-4 weeks, which would work out perfect for one more cycle on the faster oscillators.
...oh yeah, I also noticed the decling volumes from 12/18, 1/3-5, & 2/18. The declining peaks match up real well, so I'll be looking for volumes over 1.8-2M.
...fwiw...:O)
Nice to have a ticker in common again...good luck |
