• AMX • Why enter? Touched 20ema and now pulling back up closing above 5ema. • Entry: 16.02 • Stop loss: 15.88 (-0.87%) • Profit target 1: 16.35 (2.03%) • Profit target 2: 17.00 (6.14%) • Profit target 3: 17.5 (9.24%) • Profit target 4: 18.00 (12.39%)
AMX is hitting resistance as you can see the market has the potential to come back down first before going up. if the market can break and close above i will look to renter
Amex Weekly Broke Out of From The Down Trend Line Taking Out Some Major Highs, Now The Market Has Retraced and Created A Bullish Engulfing Candle Stick Formation With A Counter Trend Line Break. On The Smaller Time Frame You Can See That The Market Have Retested The Weekly Candle Formation And Is Expected To Move Up Bullish, If the Market Decides to Fall More I...
- Selling pressure increasing based on volume. - Price bounce down from upper resistance line. - 3R profit potential on lower support line. - EFI tilting to below 0 - Stoch is overbought
Long position Entry: 17.02 Take profit: 17.12 Stop loss: 16.99 Ratio:. 3.33
AMX has stochastic divergence on channel support and bounced off the 200ema. This has reacted well in the past to stochastic divergence signals. At the end of June, the signal led to a 10% gain. Buy: 17.30 Target: 17.55 -18.29 (1.45% - 5.73%)
As a long term investor, I am thinking of adding the stock to my portfolio. Improving economies in south America, Europe might be the turn around for this stock
My Intuition and Consciousnesses Predicts where the Stock is Going, Don't Believe Just Watch.. NYSE:AMX
Edge is still here on the 5 min and 15 min. 21.18 x 21.23 .05 risk. I took AVP off the table. If I lose 1R on this trade, I'm done for the day and month.
La estructura de precios es alcista, tanto en su línea de compra, como en tendencia de promedios móviles y fuerza de cierre.