AMTX Should I Buy

AMTX is not a good buy right now for a Beginner, long-term investor with $50k–$100k who is impatient for a clean entry. Despite the pre-market pop (1.71, +6.88%) and short-term momentum (MACD improving), the broader trend is still bearish (SMA200 > SMA20 > SMA5) and the latest quarter shows weakening fundamentals (revenue down sharply and gross margin negative). I would avoid buying at current levels and treat today’s strength as more speculative than long-term investable.

Trend/momentum is mixed but overall bearish: (1) Moving averages are stacked bearishly (SMA200 > SMA20 > SMA5), which usually signals a downtrend/weak longer-term structure. (2) MACD histogram is positive and expanding (0.00708), suggesting short-term momentum is improving. (3) RSI(6)=61.45 is neutral-to-slightly-strong, not yet overbought. Levels: pivot 1.525; resistance at R1 1.612 then R2 1.667. With pre-market around 1.71, price is already pushing above nearby resistance zones, increasing the odds of a pullback/retest rather than a low-risk long-term entry. Pattern-based stats provided also imply near-term chop: 60% chance of -0.3% next day, but +11.39% next week and +7.46% next month (more swing-trade-like than long-term-quality signal).