AMPS - Cup w/ Handle Breakout Buy

NYSE:AMPS   Altus Power, Inc
AMPS is coming out of a textbook cup with handle pattern, triggering a buy here.

AMPS is somewhat of an under-the-radar solar stock. Unlike most solar companies which make panels, chips, or mounting systems for customer-owned solar energy systems, Altus is an electric utility company whose power comes exclusively from solar generation.

I actually prefer the names that don't already have a million eyeballs on them. EVERYONE is watching ENPH , FSLR and the other big solar names. But AMPS is setting up to be a big mover.

The 200-day moving average is finally turning up, signaling the beginning of the stock's first Stage 2 uptrend. If this is indeed the beginning of a new stage (see my previous post on the 4 Stage of the Stock Cycle), there could be massive upside from here.


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