Hot stock 96m settlement reached nice chart setup as well
Investment Strategy: Long Technical: Could see rejection of 200 moving average. Technical Analysis: Seems like Double Botton. Support: $7.1 Note: "Please note that the following information is for educational purposes only and is not intended as investment advice. It is important to conduct thorough research and seek professional guidance before making any...
So, in this post, i will show you an analyse of penny stock called AMPY (Amplify). We are in consolidation , strong support , i am waiting for breakout of resistance. NOT FINANCIAL ADVICE, ONLY FOR EDUCATIONAL PURPOSES.
AMEX:XLE NYMEX:CL1! NYSE:XOM NYSE:AMPY Energy stocks, crude oil, and the XLE energy ETF all flashing buy signals. $100 oil looks invitable. From failed moves come fast moves, and oil/energy stocks failed an attempted breakdown below the neckline. A few favorite long ideas: $LPI, $AMPY, $XLE, CL1 (futures), $XOM
Great indicators as follow: 1. Stoch RSI at oversold level 2. Fibo levels followed 3. MA arrangement supports a clear uptrend (15 over 21 over 50 over 200) 4. Almost tweezer bottom SOR Inputs are highly appreciated!
This a company that will survive this pandemic and will see the highest oil prices on record in the coming times. Literally no put options on because it will be dumb to short something that is undervalued. It is understood debt levels are there but they are no where near the point to have conversations of bankruptcy. Made alot money on this stock. Its got heavty...
AMPY is a strong american oil company that has the ability to survive the oil problems. This is is good long term hold as well. This is at a low point.