AMS - Long position A long position has been entered on JSE:AMS base on the doji candle that formed on 8 Aug. In conjunction to this, it has broken through a descending resistance line that formed over the previous 8 candles. Along with that, the MACD, Stochastic and EMA's are all now showing upward momentum.
We are aiming for a target at around the 750 level and a stop loss at around 650