$AMRS This is way overbought and too far above the linear regression channel. Once that happens it has to pull back to restore some equilibrium and consolidate. It most likely does a touch back to the mid channel line. It is in a cup but with this pattern the cup probably fails or it will crash if it does a blow off top. It is already seeing lower highs. Macd is overbought as well.
@whatthedom That’s not the issue. You have no idea about TA or math and why they matter. Your finite mind can’t comprehend that. Try comedy. At least more people will laugh at you. 😂😂😂
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