AMS on a blink of a breakout

6 thg 4, 2020

One interesting stock in terms of TA. It has broken the 0.555 fibonacci resistance and now it is looking to test to the next fib level. Be aware of one historic resistance around 0.65 but to me the major resistance is the 0.382 fib extension. If it is taken I will be looking to the 1.070 as the next major resistance. For those jumping on this wagon atm the SL would be below 0.555 and target will depend on your investment plan if you are long term holder you can look for the 1.070 or even 1.5$. Be aware of todays yuuuge volume. I smell a fomo.