Good Risk Reward

Ample has been ping ponging around in a little channel for some time, touches the bottom and it get a little rise, touches the top and it sells off with the odd pump breaking it out only to come back and fall back in to the channel. But as you can see it has yet to sell off this time, this is a indication of accumulation, on the flip side it also means that traders are holding long and the risk hunt could be a possibility. Its a easy trade just go long and target the highs. If the lows get taken out you get stopped....simple.

Im long now but im not willing to hold it if the lows on the chart( green box) have a daily close below. Good luck

Komen:

Go you little fucker