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Dec 2, 2020 8:04 PM

AMSC Short Idea: At Parallel Top Trend line with bearish engulf Short

American Superconductor CorporationNASDAQ

Description

AMSC is current at the top parallel trendline, extended from the lower previous pivot minima. 12/1 candle was a bearish engulfing and the low of that candle was broken 12/2. Look for a potential change in trend to the downside over the next few weeks/months.
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