One for Swing Traders & Dividend InvestorsKeep an eye on American Water Towers; looks like it's ready to bust through resistance. Macd and ema crossovers look good too. Looking for increased volume to buy.
AMT trade ideas
AMT 4.5% to 13% gains possible this weekLooking for AMT to confirm the false downside breakout and roo-tail and push back to the 240 mark, with further upside to 260.
MACD divergence supports bullish outlook for the 5G service provider.
Enter upon confirmation of Friday's roo-tail. Stop: just below the roo-tail, Targets as mentioned above.
$WMT $REGN $AMT - What I consider Early Long SetupsNow, I try to see if there are meaniful entries in these stocks. With a small size hedged positions using options.
Long or not? I hope for Long and I wish I can be right. ;)
Post your comments, Lets start a discussion.
American Tower $AMT#AmericanTower gained %16.5 last week and hit the resistance and may stall. RSI needs to break out the trendline
AMT a possible infrastructure playI suspect that the Phase 4 stimulus bill, which Trump wants to be $2 trillion dollars, will include some funds for the 5g rollout. That might benefit companies like Nokia and Ericsson, though I'd expect the US government to favor US companies in any contracts for infrastructure build. Thus, I'm looking today at American Tower.
On the hourly chart, AMT looks like it has some support from the 200-hour EMA. I'm buying here and setting my stop loss below the moving average.
Framing Your Chart Key to Understanding Behaviour - AMT exampleIn this video tutorial, I discuss how institutional traders and investors, "Frame a Chart"
Using AMT stock as an example working through multiple time frames and plotting channels and Linear Support & Resistance zones. Then using our Elliott Wave Indicator Suite to understand the behaviour of the current trend.
This method can be used on all asset classes and is part of my Daily routine
AMT: $258 <-- $0.60 | DNA of a Retirement Stockstart small below $1.0 or catch up with volume
if you missed the bus wait for a huge correction and get volume
at -50% discount
-
ipo rewards early global investors 300%++
then depressed back to -99%
a decade later rewards STRONG hands with (+20,000%)
with one major correction (-56%)
and series of minor @ (-16%)
AMT beating S&P 500 threefoldThis stock beats the hell out of the S&P index three times (roughly 20% since Jan 2019) had you bought it early this year.
In September, it peaked out at 241 and is now retracing nicely to the price zone of 203 before taking up further. That would be a nice buying zone.
If the price breaks down from 203, buying signal is cancelled.
Nice Ex Dividend PlayGiven that volume, those candles, the imminent ma crossover, and the fact that the ex dividend date is 12/26; I would say this is setting itself up to be one nice swing trade. If that volume starts climbing in the am I'm all over it.
LONG $AMT ~ LONG SETUP via SELLING PUT SPREAD ~ #OptionsTradingMETHOD: Long AMERICAN TOWER {price at entry ~ 215.60} via:
-2 VERTICAL AMT 100 (Weeklys) 27 DEC 19 220/212.5 PUT @4.20 ; !! may be tough to fill !!
Trading @ medium IV so going for a positive R:R play
Decay helps if price > 216 and hurts if below;
STRATEGIES: Using AMT day chart:
The 20/50 Mean looks set to make a green cloud after mean crossed.
The Fisher Transform line signaling an oscillation long.
TACTICS: The plan in terms of stock price:
STOP is price < 212
TGT1 220 to exit (5:3 Reward:Risk)
Consider exiting at 50% max profit ($840/2) or better
We may let the Fisher Transform and 20/50 mean together take us out technically for whatever we get win or lose.
Will update in comments,
B3
d^.^b
$AMT Long American Tower CorpEntry level $214 = Target price $226 = Stop loss $209
Short term trade will become more bullish on a break of the downtrend line.
Indicators are all turned bullish and the 200ma touch and reversal a buy signal.
Compnay has exposure worldwide and exciting opportunities from the upcoming 5G roll-out.
Company profile
American Tower Corp. is a real estate investment trust, which owns, operates, and develops multitenant communications real estate. It operates through the following segments: U.S. Property, Asia Property, Europe, Middle East and Africa Property, Latin America Property and Services. The U.S. Property segment operates in the United States. The Asia Property segment refers to the operations in India. The EMEA Property segment includes transactions in Germany, Ghana, Nigeria, South Africa and Uganda. The Latin America Property segment refers to the operations in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico and Peru. The Services segment offers tower-related services in the United States, including site acquisition, zoning & permitting services and structural analysis services. The company was founded in 1995 and is headquartered in Boston, MA.
AMT LONGThe chart is really self explanatory. This is just a modest trade that will hedge against loss just in case the fifth wave meets the same resistance as wave 3.
LONG and STRONGGreat Dividend, Great REIT that moves like a growth stock.
Continuously adding to this, bi-weekly positions.
$AMT upward channel $AMT has respected this channel for some time now, and with the up and coming 5G network release AMT should have considerable growth in the coming months. My play here is to get calls for the strike of the upper band (240-245) range
