$AKE The daily chart has now fallen for 5 straight days. Here are three things to look at:
1) How big is the drop? -77.67% is quite steep, so an oversold bounce may be coming;
2) Will the losing streak end today? It's currently up +0.26%, showing signs of a rebound;
3) What will volume be like on the day it turns? A bullish candle on heavy volume is more convincing than one on light volume.
Which side are you on? Let us know.
1) How big is the drop? -77.67% is quite steep, so an oversold bounce may be coming;
2) Will the losing streak end today? It's currently up +0.26%, showing signs of a rebound;
3) What will volume be like on the day it turns? A bullish candle on heavy volume is more convincing than one on light volume.
Which side are you on? Let us know.
