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Amalgamated Financial Corp.

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AMAL trade ideas

AMAL short setup I have a list of several names I had been jotting down in my journal since January. My pendulum picked this stock after I asked for a name that would make money the fastest of the bunch. The levels I get are to watch for a high around $25.49 - likely tomorrow - to short. I was guided to get a date, which is Friday. So I'm thinking this is only for this week, which is great, but what if the move down starts on Friday? Idk. That's a possibility. The target is $20.16. They already had earnings, which is the reason for this recent rally. That's pretty much it. I wouldn't want to see it get over $26 or I'm wrong, but it might get into the $19 zone.
NASDAQ:AMALShort
by JenRz
AMAL is flirting around break out levelNASDAQ:AMAL is about to breakout of the ascending triangle pattern, its been flirting around 13.53 for days and should clear that level soon. It may pull back slightly though before breakout, anticipated price action shown on the chart. Stop is a bit far at around 11.3$. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!
NASDAQ:AMALLong
by Chartoholic
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