AMP's turnaround is gaining real traction! Shares surged over 20% recently following a strong profit guidance upgrade
Profitability is rising, with 1H26 underlying NPAT now expected between $170M-$180M, driven by strong growth in China partnerships and favorable investment income
The market is finally rewarding the strategic restructuring efforts led by new CEO Blair Vernon
Technicals are supporting this breakout:
Stock price has hit $2.02, showing significant bullish momentum
Strong Buy signals across moving averages (5, 10, 20, 50, 100, and 200 MA)
MACD is showing a clear Buy signal
Trading volume has surged as investors gain confidence in the company's path to organic growth
The market momentum is shifting in AMP's favor.
After a long recovery, the stock is showing it has the fuel to sustain this rally.
Targeting further upside as earnings visibility improves.
2026 is shaping up to be a pivotal turnaround year for AMP.
Profitability is rising, with 1H26 underlying NPAT now expected between $170M-$180M, driven by strong growth in China partnerships and favorable investment income
The market is finally rewarding the strategic restructuring efforts led by new CEO Blair Vernon
Technicals are supporting this breakout:
Stock price has hit $2.02, showing significant bullish momentum
Strong Buy signals across moving averages (5, 10, 20, 50, 100, and 200 MA)
MACD is showing a clear Buy signal
Trading volume has surged as investors gain confidence in the company's path to organic growth
The market momentum is shifting in AMP's favor.
After a long recovery, the stock is showing it has the fuel to sustain this rally.
Targeting further upside as earnings visibility improves.
2026 is shaping up to be a pivotal turnaround year for AMP.
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it seems that no one sells it yet, it breaks above the $2.18 resistance. amazing.Ghi chú
we might looking at $2.40 soon.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.