Short Picks 8/30These 4 are my top Short ideas for today into the future until the price stays below the Red TrapZone.
The picks are based on momentum, volume and price action.
XAMXB trade ideas
Keep shorting Here's what I see. You can initiate a long position at wave 4, I expect a reversal from there. My longterm outlook remains bearish, though.
$AMX with a bearish outlook following its earnings #StocksNYSE:AMX with a bearish outlook following its earnings #Stocks
$AMX with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NYSE:AMX after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
AMX - Rising WedgeOn the chart we can see the rising wedge pattern which is a typical bearish formation.
We can observe regular bearish divergence which signifies buyer exhaustion.
Enter the short position once the breakout occurs.
In order to avoid the false breakout, look for the volume increase.
AMX - Rising ChannelOn the chart, we can see a rising channel occurring.
The price is currently ranging in the support zone, and we are waiting for a breakout of the line to take our short position.
From this signal, we expect a target with a ROI of 44%.
More details are shown on the chart.
AMX FORECASTToday im sharing my Telecom Services analysis
there are 52 stocks in my filter
There is a difference when i say forecast and analysis
like a forecast im just predicting what happens after my target is hit
all etf are down -25% to -37%
i will post an update listing all and who will yield highest in a short swing
LIKE COMMENT FOLLOW
and if you want to partner my email is in my DM
SENNA SEASON
$AMX with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $AMX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Short Amx 21 -> 19 1/6/22SHORT
Jun 1
Comment: TP1 - 20.44
TP2 - 19.11
TP3 - 18.25 / Trail Command 3% SL
Jun 1
Comment: TP1 - 19.89
TP2 - 19.11
TP3 - 18.25 / Trail Command 3% SL
$AMX with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $AMX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 85.71%.
AMX - America Movil ADR - BUY at 18-18.2AMX - America Movil ADR
Report on 08/02/2022 media-holding (telecommunication)
Buy @18-18,2 (current level)
Take profit - 21.8
Stop loss - 16,6
The idea on Mexican mediaholding is mainly based on technical analysis. On weekly graph we are sitting on support line of upward channel. + RSI.
Fundamental data in general is ok, the company is constantly showing profit, also profit margins are lower than industry average. ROE, ROA, P/E is better than average. Level of debt is on decent level based on sector the holding operates in.
Among risks:
- currency risk. The holding is based in Mexico, therefore peso-dollar rate has a significant impact on financial performance;
- negative news. On January 27 local regulator denied sought-after license to enter the local pay TV market. But local media market leader won't stop at this point certainly and if not today, but in the nearest future will reach its goals, which will give a boost to share prices. Also the holding is the one which will implement 5G in Mexico.
So, all in all AMX is a strong holding and if not on the report, but in the mid-term perspective quiet uptrend should continue. P.S. Dividends are also regularly paid to the shareholders.
AMX +++ LONGAMX
AMX is going up!
1st Objetive up to +19,00
Then 2nd objetive +23,00 to +26,00
MACD and RSI on our side!
High resistance point reached, now we go up!
Great for 1st objetive +12,37 to +19,00 means +53,59% in USD.
Have a Nice Day!
$AMX daily #chart #cupandhandle #stocks #trading $AMX potentially breaking out from a year long descending triangle and C&H pattern
RSI at 59 currently with room to grow, MACD just crossing over and Histogram potentially turning positive
Check out the massive volume traded yesterday (6+ mil) , then check what the stock did in the previous sessions when similar volume has been recorded (pointed on the chart)
Potential target from the C&H pattern (T1) is around 17.50
Potential measured target from the breakout of the descending triangle (T2) is around 18.40
LONG !Suport of bullish channelWe are waiting for a candle to confirm the bounce in the channel , furthermore notice that volumen is reducing day to day , this could be signal of debility.
Good Luck.
AMX Continuation after pullback• AMX
• Why enter? Touched 20ema and now pulling back up closing above 5ema.
• Entry: 16.02
• Stop loss: 15.88 (-0.87%)
• Profit target 1: 16.35 (2.03%)
• Profit target 2: 17.00 (6.14%)
• Profit target 3: 17.5 (9.24%)
• Profit target 4: 18.00 (12.39%)
AMX UPDATE. Hitting Resistance AMX is hitting resistance as you can see the market has the potential to come back down first before going up.
if the market can break and close above i will look to renter
AMX W TF Broke Out And Giving Us A Bullish CSF At The Backside Amex Weekly Broke Out of From The Down Trend Line Taking Out Some Major Highs,
Now The Market Has Retraced and Created A Bullish Engulfing Candle Stick Formation With A Counter Trend Line Break.
On The Smaller Time Frame You Can See That The Market Have Retested The Weekly Candle Formation And Is Expected To Move Up Bullish,
If the Market Decides to Fall More I Will Look To Add To My Position At The Up trend Line If Necessary
- Weekly Low Price
- Weekly Bullish CSF
- Trend Line Break
- Weekly CTL Break
AMX Short on Descending Channel- Selling pressure increasing based on volume.
- Price bounce down from upper resistance line.
- 3R profit potential on lower support line.
- EFI tilting to below 0
- Stoch is overbought
AMX - Divergence Channel Line BounceAMX has stochastic divergence on channel support and bounced off the 200ema.
This has reacted well in the past to stochastic divergence signals. At the end of June, the signal led to a 10% gain.
Buy: 17.30
Target: 17.55 -18.29 (1.45% - 5.73%)
AMX longAMX looking so strong i am long entry was 12.7 with stop at 12. Looking to add more on a close above 13.60
