On the 1D chart, AMP is clearly within:
1. an ascending channel and
2. more recently, a symmetrical wedge.
As the candlesticks get closer to the tip of the wedge, strong volume is coming in, and I believe buyers will pop AMP in an upwards direction.
$0.92 - $0.95 may be a good range to take profits, as this is the range near the resistance line of the ascending channel.
1. an ascending channel and
2. more recently, a symmetrical wedge.
As the candlesticks get closer to the tip of the wedge, strong volume is coming in, and I believe buyers will pop AMP in an upwards direction.
$0.92 - $0.95 may be a good range to take profits, as this is the range near the resistance line of the ascending channel.
Commentaire:
Correction: **$0.092 - $0.095** may be a good range to take profits, as this is the range near the resistance line of the ascending channel.