$AMP bargain hunters - The price is too good to miss
Updated
AMP hasn't hit these levels since 2006! Bulls are showing their hands so far:- Bollinger bands contracting, tighter volatility, but leaning towards the upper bands
- RSI showing a rising wedge like pattern, although steady momentum relative to the upper chart
- Risk reward for traders looks tempting
Looks good for a ST and LT trade.
Comment
Rising wedge (4hr chart) has broken to the downside, bulls need to make a stand at these levels (hammer reversal or at least another doji).Trade closed: stop reached
Shorting
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