AMBP shows strength. It is a continuation pattern and there is a high probability it breaks the SMA200 and continues further. If it manages to do so, then at least 6.60$/share could be a realistic target. Protect with a trailing stop of around 15%
Symmetrical Triangle. Price is hovering at the resistance line. Neutral until broken. Short interest is 3%. Ardagh Metal Packaging S.A. supplies metal beverage cans in Europe, the United States, and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails,...
First gainer in October is AMBP . Holding period is 7 days (9/26/22-10/3/22). Account up 1%. This year, my account is up 74%, average holding period is 13 days. My trading method is mostly short term and is independent of market swings. Will keep updating on my trades.
Here is my trading plan for AMBP. Just sharing my plan, it's not meant as advice.