AMG is on a uptrend. As we can see the Connors rsi iwas below 30 yesterday, today it is breaking up. with a long inferior shadow. This setup had 70% of Win probabiltiy in the last 3 years in this stock. with a 5% target profit and 5% stop loss target. The average duration of the trades was 12 days. I am starting a bull put spread with 195 / 210.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.