LSE:AML   ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC ORD GBP0.00903968713304439
Aston martin has experienced a hell of a crash from IPO , but you cant ignore the bullish potential here in my opinion. price has been in a squeezing formation since corona panic selling. the recent handle of the cup and handle acts as pullback after trendline breakout. price has maintained price at 55p and had 1. 3m volume at Friday 4.25, 5 mins before close. a great long term and short term trade
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So far, so good 👍 very volatile, but that's what we like, right?!
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Liamfelt Rod_85
@Rod_85, very good right now with ftse showing strength it could develop further
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Are those numbers on lines Elliot waves?
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i agree, unfortunately I got stopped out @53. holding up very well in this sell off, but lack of catalysts might be a slow mover, as it hasn't caught the trend support impulsive bounce
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Liamfelt Rod_85
@Rod_85, yeah same here I was stopped out about the same, looking for an entry over next week
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Rod_85 Liamfelt
@Liamfelt, not sure if it'll break through the £70 mark, but that's nearly +30%, so I'm guessing, as long as this isn't getting pushed back and forth all the time, it would be worth buying stock. Probably a call option trade is a better way to go, as I hate getting stopped out by the algos.
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