These 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.
The 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%.
On 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.
On 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.
Today 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...
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%.
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
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...
AMX
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 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...
We 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 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
