AMWL trade ideas

AidanMDang

$AMWL formed a bullish falling wedge. Watch for a breakout for longs. Targets: $28, $29, $30 See my previous $AMWL idea here:

AidanMDang

$AMWL broke out of a bullish falling wedge. Price still needs to move higher to confirm the setup. Watch for a breakout of the confirmation level. Good luck!

SnipersCapital

free sauce

Mullamaker Updated 

NYSE:AMWL could see a bounce here. $25 Calls are the play! SL $21.20

benalegre

check this out barri

tkmotorrider

NYSE:AMWL Cup and handle formation forming. Waiting to take a position

hypesupofficial

Might be the bottom,...

SpinTrades

A recent IPO that seems to have bottomed following a poor reaction to earnings. A few ways to play this. Oversold, could move quickly up to the volume cluster at 28 and meet some resistance. Over past closes of 29.97 and the psych number of 30 is a more conservative entry. Or, a strong long term candidate in the telemedicine space.

That_man_Dann

Bullish. Well defined range for an IPO and IPOs usually see their best performance in the first 3 years. In 12/18 25s for 1.56

hundredcs

lower high, the stock went high but little volume, I think this stock is going to tank in the short term.

jaxdog Updated 

I'm long this name and looking to add to that. Looks like yesterday might be a turn around day. I have an alert set for $36.60, just above 10/9 high. I'll then look for a logical entry for a continued move higher. All TBD. Ideas, not investment / trading advice.

asigristch Updated 

I dont do ipo, but this one might take a while to pull back. They just got a contract with a decent size retailer and providing doc visits, mental health and blahs blah blah. You might need to work in entry points, but overall bullish ling term

ZombieStar

American Well Corp is telehealth. Today they were blasted with upgrades/coverage from 7 different firms, ranging in price target from $29-$44. I personally think that the pandemic has already created the environment for people to steadily transition from face/face interactions when it comes to routine chores.

HaleyZhao

American Well Corp aka Amwell is a virtual medicine consulting company. This helps especially during COVID where social distancing is promoted. This is a higher risk IPO base setup but is setting up very well. The first day low was not undercut. There is a 15% deep base and Sales is greater than 50% for the few quarters. Fundamental analysis below: Quarterly...

jaxdog

As you can see on my chart I have a very small position in this (IPO's can have wild swings). I plan on adding on a close over $31 (it crossed $31 as I'm writing this). $AMWL is in the tele-health space and sells software to that end. Their sales were up over 90% last quarter and are expected to continue to grow. They have yet to make a profit. Ideas, not...

StairStepTrades

AMWL hourly projections

MaDasurfer

80% going up and up