FxBaus

AMKOR long bias on nested area

Long
NASDAQ:AMKR   AMKOR TECHNOLOGY INC
Company Info :
Amkor Technology , Inc. is a provider of outsourced semiconductor packaging and test services. Founded 1986


Chart Analysis
This is a daily demand nested zone in a monthly demand zone , price has rallied .

Conc:
This is a long wait trade. will be need to be patient as the zone is way low

Prop:
a good setup
cheap stock

Comments

Is AMKR still a buy? What does the chart pattern indicate? ...if anyone knows.
Reply
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