AFS trade ideas

TraderMentality

$AMG Descending broadening wedge on 60. Pos divergence on RSI. Looking for a move higher.

demyanchuk

There are 3 strong longing signals gor entering the position: 1- double bottom (confirmed by the brealout of neck) 2-pennant with oncoming breakout 3-volumes during formation of double bottom support the idea of trend reversal. Buy 147.40-148.00 (the breakout of pennant's resistance level) Stop-loss 137.00 (7% of allowed risk; if it's possible move stop-loss to...

ChanonChai

AMG may be bullish

crismenow

1. Buy call when higher closed price yesterday. 2. Exit 1 target 163.5 when meet the resistant line. Exit 2 target 165.83 when closed gap. 3. Stop when under 157.3 (159.08-1.76); (163.5-159.08=4.42= 2.5R; R=1.76)

alexandre.wolwacz

AMG is on a uptrend. As we can see the Connors rsi iwas below 30 yesterday, today it is breaking up. with a long inferior shadow. This setup had 70% of Win probabiltiy in the last 3 years in this stock. with a 5% target profit and 5% stop loss target. The average duration of the trades was 12 days. I am starting a bull put spread with 195 / 210.