AMX Stock: This Wave Structure Cannot Be Dismissed
Coming to grips with this market is a really difficult task because volatility remains elevated and, as a result, the daily swings are very violent. These markets can turn on a dime, and this whipsawing trading action will persist until the volatility finally subsides. The good news is that volatility will subside-it always does-and when that happens, the markets will once again attempt to make a move toward higher prices.
Thus far, there has not been any technical damage to suggest that the current correction is anything but a correction. Therefore, I continue to look for investments that are setting up to make a move.
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Coming to grips with this market is a really difficult task because volatility remains elevated and, as a result, the daily swings are very violent. These markets can turn on a dime, and this whipsawing trading action will persist until the volatility finally subsides. The good news is that volatility will subside-it always does-and when that happens, the markets will once again attempt to make a move toward higher prices.
Thus far, there has not been any technical damage to suggest that the current correction is anything but a correction. Therefore, I continue to look for investments that are setting up to make a move.
Den vollständigen Artikel lesen ...