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SenaruScarab

AMSC Long - Bounce off trend support and EMA

Long
American Superconductor Corporation (NASDAQ:AMSC)  
SenaruScarab Updated   
NASDAQ:AMSC   American Superconductor Corporation
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
AMSC bullish reversal pattern.
Hammer candlestick hit the supporting trend line
Hammer candlestick supported by EMA20.

snapshot
Comment:
The hammer candlestick bounced off the 50 fibonacci retracement
Thats three areas of support, trend line, EMA 20 and Fib 50.
LONG

snapshot
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