After AMT reaches the lower Bollinger band, there is usually an average price increase of 16% over the course of 40-60 days. Currently, we are about halfway through this growth period at a 10% increase from the last point where AMT last dipped. Either wait for the next dip to buy or buy now and sell at 6% profit. Long term however, AMT is a good buy regardless of short term price action.
Trade closed: target reached:
Hit 16% target
4/9/19 - Close position
Watch for bounce off the lower Bollinger.
4/9/19 - Close position
Watch for bounce off the lower Bollinger.