To Ensure Proper R/R, The Bulk Of My Short Orders Are Weighted Near The Top Of The Zone. I Like To Refer To This As A "Bullet Catch" Pattern. From Oct-March, Price Slowly And Deliberately Rejected The ATH. This Is A Weaker Move To Fill Shorts.
AME looks poised to breakout as it consolidates in a tight range near the highs. Entry could be taken on a breakout above the 148 level or one could wait for a pull back into the box. Short term stop would be below the box. A longer term stop would be below the 618 RT. Pays a small dividend and is in the strong industrial sector. Down side would be that it may not...
The PEAD projected a Bullish outlook for $AME after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 55.56%.
The PEAD projected a Neutral outlook for $AME after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
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If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AMTEK , I think we are going to strong bearish movement. If you are going to go short, make sure to place the stop above the previous rejection area .
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our system found that NYSE:AME received the best image over the course of last week.
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we see a moderate negative correlation with our image indicator. We therefore assume that prices are driven partial emotionally and that there is probably some other catalyst with regard to the company resulting in an uncertain...
Can't see it on the Tradingview data but this morning NYSE:AME spiked out on the morning open for a short opportunity. The pattern also happens to match with an Ichimoku cloud pullback.
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the daily chart of this market shows with a high probability an uptrend in the coming days
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Hey traders, AMETEK is in a bullish gap that it seeks to fill, an attempt to fake breakout of the equilibrium zone from above. It is located on a bullish trend support which it will break from below to go to the last previous one below. A price agreement is to be sought after execution, great potential to go above the first candle in the gap.
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![AME: the b[AI]te's weekly insights -- AME 2021-01-25](https://s3.tradingview.com/h/hEvkm0bQ_mid.png "the b[AI]te's weekly insights -- AME 2021-01-25")
