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WadeYendall
Mar 7, 2023 1:58 PM

AME Long Idea Long

AMETEK, Inc.NYSE

Description

AME looks poised to breakout as it consolidates in a tight range near the highs. Entry could be taken on a breakout above the 148 level or one could wait for a pull back into the box. Short term stop would be below the box. A longer term stop would be below the 618 RT. Pays a small dividend and is in the strong industrial sector. Down side would be that it may not move fast.
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