AMTMight be swing worthy above last months high on this Falling Wedge. Target top of the formation.by KLang6
AMT - Earnings likely catalyst for breakout.Previously posted twice on American Tower, both pointing to short opportunities in the price channel AMT has been in. Well the price behavior is changing and anticipation of earnings may be the catalyst. Note the pops AMT has had at the last 4 earnings reports? Each a long green candle. Also notice that AMT has not visited the bottom of the price channel two times now and is on trend to miss a third after today's session. Odds go to the earnings behavior. Long.Longby codypd1
Shorting AMT - is this your zombie trade?The channel is acting like a channel and AMT is back to the top of it with no material difference in the RSI or cycle envelope since the last time... Did fail to tag the bottom of the channel bit it has done that before.Shortby codypd2