This stock was in my video from Sunday ... it is a great example of what we are looking for ... look at this clean break of the top of the VCP and holding nicely. However ... given the overall market situation - if you caught it ... maybe it is good to pocket the profits and move on ... it is a tricky market we are experiencing now.
An idea for AMP Looking for the 50 day moving average to act as a support for price above this channel
* Strong earnings quarter over quarter * Expected to do better in the coming year * Strong up trend * Broke out of 5 month consolidation * Retested broken level as support with higher than average volume (33.98%) * Pays out dividends with a Payout ratio of 47.40% which means the company has a lot more room to grow and possibly increase dividends * Minimum...
Here I'd like to share my favourite entry method. The chart is self explanatory. Let me know if you have any questions .... This will happen during Wave 3 and Wave 5 (for those who subscribe to the Elliott Wave theory) This pattern is sometimes called the Retrace, the Dip, the Pullback, the ABC correction, the ZigZag. The BOMB (by guerilla guys)
There appears to be a possible wu-tang formation to the upside Fun Fact: Did you know that in the late 90's wu-tang mentioned an American Express Financial Advisors (AEFA which later became Ameriprise) mutual fund in one of their hit songs? The fund was called AXP New Dimensions. I believe it eventually went down in flames due to consisting of junk...
There is no need for explanation, AMP knows how to keep flying to the NE
First stock of my bi-weekly review. Able to wake up at a decent time actually... feeling at peace with no markets to look at today, and I have all weekend to make adjustments to my flight plan. Finally realizing I have made one of the more difficult career choices. Up to me to make the payout worth it so let's have at it, time to squeeze the brain and see what...
Another stock that is boxing here....Again, be aware of earnings next week (No position)
Guys, we called this one spot on. are you making money every week?
AMP: Ameriprise Financial, Inc. 2020-09-29 16:05:00 Ameriprise Financial Announces Additional $2.5 Billion Share Repurchase Authorization
$AMP with $25 of filling the gap from the corona selloff.
Possible long entry on breakout above $188 Target price $219 Stop loss $179 Very reasonable valuation at 12 P/E Company profile Ameriprise Financial, Inc. operates as a holding company. The company provides financial planning, asset management and insurance services to individuals, businesses and institutions. It operates through five segments: Advice &...
DAILY inverse H&S initial support at 121.86 R1 - 136.20 R2 -153.32 RSI 70 resistance
AMP: Ameriprise Financial, Inc. 2019-02-26 16:30:00 Ameriprise Financial Announces Additional $2.5 Billion Share Repurchase Authorization
AMP is approaching our first resistance at 135.59 (horizontal pullback resistance, 61.8% fibonacci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 120.34 (38.2% fibonacci retracement). Stochastic (21,5,3) is also approaching resistance.
AMP is approaching our first resistance at 133.04 (horizontal overlap resistance, 161.8% fiboancci extension, 38.2%, 61.8% fibonacci retracement) where a strong drop might occur below this level to our major support at 118.39 (38.2% fibonacci retracement, horizontal swing low support). Stochastic (21,5,3) is also approaching resistance and seeing a bearish...