/biz/ - Business & Finance

>>52997486
I'm usingthe TSX ticker AMI because the ABCAF has shit bars on it for some reason so I can't manually draw the swinglines, hopefully you can just translate anything relevant to the OTC ticker you're using.

On the daily it's in a downtrend. On the swinglines it recently broke the lower highs lower lows with a single higher high which doesn't mean much as it needs two to form an uptrend so it could easily resume it's downward motion, although bouncing off support which is a plus.
It's below each moving average (200 green, 100 yellow, 45 purple) in order which is bearish as fuck, and then it's also below the 18dmac (red) which is also bearish. 100dma and 45dma are converging to make heavy resistance.