APH trade ideas
Higher prices for APHHere is my outlook for APH over the next month. The stock looks to be in the third wave of an impulsive move higher. Initiating a long/neutral position for a move into the 161.8% Fibonacci extension of Wave 1, followed by larger degree Waves 4 and 5. Immediate profit target at 90 with the potential to add to the position in the Wave 4 pullback. A move below 86 invalidates the setup.
Amphenol Corp Analysis Looks like a nice tech stock with perfect bullish trend. Following Bull channel with nice harami candles satisfying the past trends.
Looking for a decent 5% profit in coming week.
@APH
Big Picture: Perma-Bull! ! Good for further 20%?AMPHENOL reached a"longterm" Action Point - the last Top @ 60$.
Above that Level i exspect a Breakout-Move up to 72$.
In my Chart i have illustrated the thinkable longposition. That`s just my view, trade your own view :-)
AMPHENOL CORP : NEARING TARGETPreviously on :
2013.08.06
2013.08.09
Almost there as it gaps towards the upsloping red trendline.
AMPHENOL CORP : 3.2 TIMES REWARDPreviously on 2013.08.06
Price will head towards the red upsloping trendline as target.
AMPHENOL CORP : READY TO SHORTPrice retraced up towards L-MLH for a final "Kiss Goodbye"before thrusting towards the WL-1.
Wait till breaks below low of previous candle to short.
