HaseebKhan_90

AMP pushing higher from new support

Long
NYSE:AMP   Ameriprise Financial, Inc
* Strong earnings quarter over quarter
* Expected to do better in the coming year
* Strong up trend
* Broke out of 5 month consolidation
* Retested broken level as support with higher than average volume (33.98%)
* Pays out dividends with a Payout ratio of 47.40% which means the company has a lot more room to grow and possibly increase dividends
* Minimum probable ROI of ~12% if the trade goes in our favor

Trade idea:
* Perfect time to enter as it's picking up volume and using the broken level as support.