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AMERICAN TOWER CORP COM NEW USD0.01AMERICAN TOWER CORP COM NEW USD0.01AMERICAN TOWER CORP COM NEW USD0.01

AMERICAN TOWER CORP COM NEW USD0.01

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0HEU trade ideas

American Tower Corporation - where will the price go?One of the best REITs on the market. The 200 price level looks good for buying. But if all markets are corrected, the price can go even lower. Wait as the market meets the beginning of next year. Also, according to the chart, there is a possibility of the formation of a head with shoulders when the price approaches 230. The negative economic situation may force the company to go for an additional issue, which will allow the negative scenario to materialize.
NYSE:AMTLong
by DarkWI
Triple bullish divergence AMT AMT Weekly: The weekly shows a rejection candle that went up to -1 ATR, a point of reversal the last couple of weeks that often resulted in a pullback to the 21 EMA. MACD Histogram is ticking up, although EFI is hanging around its EMA and not showing much strenght yet. Stochastic RSI is bullish and its %D line is rising. Daily: There is a nice triple divergence here, on MACD-Histogram and Elder Force Index. Then a ATR channel divergence on the current decline as well. Stochastic RSI is coming from an oversold condition and supports the idea of prices going up here. Also, MACD lines are diverging as well, which is a strong sign. Entry: 2.315 Target: 2.435 Stop: 2.24 R/R ratio: 1:1.6
NYSE:AMTLong
by Tornado_Trading