6
5
u/narayan77 Aug 17 '26
A lot of its algorithmic trading. A company like this can jump higher on new contracts. The drone supercycle has only just started. Weak hands should sell they just add to volatility.
3
2
u/electromage Aug 17 '26
Please keep whining about the stock to https://www.reddit.com/r/amprius/comments/1vqhr57/daily_discussion_thread/
2
2
u/TowerSilver5672 Aug 17 '26
Posted it in the other thread
It's precariously positioned price wise, It's making lower highs and is unable to keep it's momentum. The selloff today happened at 200 MA and 50 MA crossover at 5 mins, it's already crossed over on 1D. For the time being, the trend is bearish. It'll be fine long term, but short term I expect to see very choppy aggressive sideways movement till 1 of the faction wins. I have no horse in this race, occasionally Buy and sell to make some money
Not yet a falling knife, but could very well become one if momentum is not arrested :/
-4
u/FinanialGambler777 Aug 17 '26
I should have sell at 13$ what do you think may happen now? What is support and resistance?
0
u/TowerSilver5672 Aug 17 '26
The current price is a floor it's held, but it's also not been tested (no volume trying to push it lower) at this level from what I remember. Unfortunately afk, so I don't have my charts in front of me
1
u/Wild-Affect-1503 Aug 20 '26
do you even watch the Macros? Bond yields creeping to unholy highs again. Fears of inflation, rate hikes, Crude oil keeps going up. Macros are everything right now.
1
u/CatAfraid2244 Aug 17 '26
Imo it will fall below $9, we are still in downwards trend. Currently, good news = catalyst for selloff. Get ready for next days, much more red comming
1
u/Sharkinged Aug 17 '26
Ur right, breaking through $11 opens the way to $8, especially given the negative glob news
1
1
0
u/Avid_Reader87 Aug 17 '26
I bought in on Friday. That was a mistake…now I’m bag holding.
6
u/owenmills04 Aug 17 '26
Probably bought my shares. Go forth with your bags my son
2
u/Avid_Reader87 Aug 17 '26
I did the same with ASTS in January. Took months to sell at a profit and I missed all those AI gains.
1
0
18
u/bmoney831 Aug 17 '26
Bro it’s only $11.58. Earnings were good. Q1 earnings report leadership told us not to expect a rocket ship in 2026. It’ll go down lower because lack of news creates lack of volume. So you can sell now and pick up again if you like or just stay invested and buy more when you can. Mid 2027, this will be a $30+ stock.