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Yesterday I took a nice short trade on AMT stock. Reason: down trend on daily/4h charts. Trade was taken after a breakout of a bearish flag pattern and consequent retest. Now stock is preparing for a new bearish wave. First goal - 205
One of the best REITs on the market. The 200 price level looks good for buying. But if all markets are corrected, the price can go even lower. Wait as the market meets the beginning of next year. Also, according to the chart, there is a possibility of the formation of a head with shoulders when the price approaches 230. The negative economic situation may force...
Biden make money printer go Brrrrrrrrrrrrrrrr and give it to infrastructure.
-Support around:203$ Target price: 268$ - RSI: oversold on the Weekly chart, OVB: Decreasing volume since Nov 16 -Industry trend: Increased need for broadband towers can we positive for AMT revenue -AVG Stock price target: 278$
AMT Weekly: The weekly shows a rejection candle that went up to -1 ATR, a point of reversal the last couple of weeks that often resulted in a pullback to the 21 EMA. MACD Histogram is ticking up, although EFI is hanging around its EMA and not showing much strenght yet. Stochastic RSI is bullish and its %D line is rising. Daily: There is a nice triple...
This entry and SL is based on my technical analysis only. Do your research and trade on your own risk!
Monthly Strong Uptrend Weekly MACD divergency I dont see reason to bulls. DAily I do not see power or accumulation. Sellers are strong. Pattern does not look like bullish. OPEN SHORT 234 SL 241 TP 200 RR 5.5
$VIX inched higher to 29.2 and I expect it to hang around the 30 handle going into the election, no exits today, I put on 3 new pairs trades and plan on taking them off next week and most likely flattening my entire portfolio into cash going into election week. Jared
Histo is lining up nicely One of the few stocks during the chaos of 10% market drop that has ATR still showing positively Nice entry point for some gains
ATR looks great histo in the MACD flattened. Buy signals are strong Thinking of this for a call option to expire oct or jan
Update - AMT is changing the short trend with a H&SH Please don't forget to FOLLOW , LIKE and COMMENT ... If you like my analysis:) Thank you and Good Luck!
Price target of $267 Dividend is 1.61% Income 1.92B P/B 31.57 - absurdly high EPS this Y +53% Sales Q/Q +1.2% Gross Margin +71.7% Profit Margin +24.7% Short Float 0.74%
AMT confirmed the previous "Cup and Hadle" model but was unable to overcome and has returned to check prices here, now the expected pattern to pass is the " SHS " price increase. - AMT buy : $272.5 +-1 - AMT target : $330 - Stop loss : 10% Wish you good deals!
AMT forming ascending Triangle showing resistance around 170 levels. If breakout happens, could reach new highs. Disclaimer: Not an advice to sell or buy!!