Wireless-tower stocks have been in long-term uptrends as mobile devices and usage proliferate. American Tower is the largest of the three, followed by Crown Castle International and SBA Communications .
AMT has moved sideways for the last year. It hit an all-time high shortly before the coronavirus crash, quickly rebounded and then drifted sideways. Prices...
The PEAD projected a Bullish outlook for $AMT after a Positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
No description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
AMT is one of those recession-proof stocks with a long history of steady gains.
A breakout here could result in a 34% rise in price. Again the market is funky
right now chopping all over the place. if any stock has a chance to push higher
its AMT
Falling wedges can be bullish when price breaks up and out of the upper trendline.
Not a recommendation.
Looks like a cup and handle pattern is also forming
The PEAD projected a bearish outlook for $AMT after a Negative under reaction following its earnings release placing the stock in drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector.
It’s been in a long-term uptrend thanks to the spread of wireless communications, having doubled between early 2017 and early 2019. It hit new all-time highs last summer, pulled back for half a year and now may be showing signs of a turn.
The first important...
NYSE:AMT
This is solely for educational purposes.
This is my first sharing. I am testing my strategy which is based on combination of fundamental and technical analysis. My objective is to find good investment opportunities.
Analysis
I notice the price is making a trend change upward after bouncing at FIbo 61.8. Do notice there is a strong resistance at...
I am looking for a pullback on AMT. It is overbought, has bearish RSI divergence, and appears to be pivoting off of the 224 price point.
I do not have a position on AMT, I will be evaluating this trade on monday based on market direction.
Always use stop loss when trading - thank you for viewing my idea!
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
