Daily going long AKE. During the midday, I was still posting about earning 80% over 13 days—then by evening it had already doubled?! Regarding the AKE price action at this position, look at the movements on 7/27 and 7/28. I think there will be a pullback, so you can’t chase longs. Also, around 0.01 is a major resistance zone. A sharp drop from there is very normal. The right approach is either to take a narrow-stop-loss short around the 0 zone, or wait until it drops by a daily-chart level percentage, then go long again. The next day, it may continue to pull back up.
#AKE