AMB was in a heavy downtrend for 86 days. And was held down by the green trendline. Had a small breakout look ''red circle'' but was rejected again from going up. The sell presure still looks strong imo. AMB are now supported by the green line and will most likely make a move soon. The double bottom did not look to play out the way i was thinking ,) Now the whole market moving up so no reason for AMB to sleep on the bottom alone.
If you have news around Ambrouses AMB please write in the comment under. A few things i find strange to be honest. The circulating supply bothers me and its not healthy for holders. Only me who think the marketing team do a poor job ?
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