AMT is at resistance

Short

American Tower Corporation (REIT) (NYSE:AMT)

Mis à jour

NYSE:AMT American Tower Corporation (REIT)

I am looking for a pullback on AMT. It is overbought, has bearish RSI divergence, and appears to be pivoting off of the 224 price point.
I do not have a position on AMT, I will be evaluating this trade on monday based on market direction.

Always use stop loss when trading - thank you for viewing my idea!

Commentaire:

UPDATE: Not a good idea seeing as AMT was grinding against its support line for a couple days. I have a small short spread position at 227.50/225.00 initiated at 227.80.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.