AMTEL trade ideas
AMTEL (Telco) - 8H update!Note.
- From chart, it shows price are on correction curve. retracement meet the dojistar point where buyer n seller are stagnant
- I assume that price will on retrade mode, since the tweezer look at candlestick either pointing down more abit rather than pointing up
- At this session, suggest to enter at support level, or somewhere near fibo. extension point.
AMTEL: BREAKOUT COUNTERAMTEL IS ON BULLISH MODE. TECHNICALLY WE CAN SEE AMTEL IS ALREADY ABOVE 52 WEEKS HIGH AND ON REALLY NICE UPTREND MOVE. BASED ON FIBO 1:1, I'M EXPECTING THE BUYER WILL PUSH THE PRICE HIGHER TO TEST 2.80 IN THE NEAR TERM.
TAYOR!
AMTEL MACD Hike After BreakoutAMTEL has been trading above its upward sloping MA-20 which giving a good sign. In addition, the price just broke the resistance of 0.143 reinforce the bullishness in recent price movement. This breakout was accompanied by higher than average trade volume show the enthusiasm of trader to push the price higher and past the resistance successfully.
