Text me if you have any questions/comments for me.
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AMS
- First time doing a written analysis on AMS
- Has a history of sharp uptrends and steady retracements
- There was a long sideways movement that lasted more than 7 months (purple shaded area)
- Strong resistance at 1.80 levels (purple dotted line) that was created in Sep 2019
- Recent LHs have created a counter-trendline (blue dash line)
- A successful breakout with above average volume could present a buying opportunity
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of counter-trendline before plotting entry especially if comfortable with overhead strong resistance
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AMS
- First time doing a written analysis on AMS
- Has a history of sharp uptrends and steady retracements
- There was a long sideways movement that lasted more than 7 months (purple shaded area)
- Strong resistance at 1.80 levels (purple dotted line) that was created in Sep 2019
- Recent LHs have created a counter-trendline (blue dash line)
- A successful breakout with above average volume could present a buying opportunity
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of counter-trendline before plotting entry especially if comfortable with overhead strong resistance
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.