jangseohee
Short

Weinstein's Stage 2 Downtrend

NASDAQ:AMKR   AMKOR TECHNOLOGY INC
81 0 0
Following my earlier post on AMKR             , it has broke down of the bear flag continuation patten.
Stan             Weinstein's stage analysis shown that AMKR             is engaging in Stage 2 downtrend.
1st profit target is around 8.63, failing to do that, it will plunge all the way to the channel support of 7.33 which coincide with the breakaway uptrend GAP back in May.
Stay in short, the downtrend is shortie's friend
As the saying goes, let the trend ride the profits
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