WadeYendall

AME Long Idea

Long
NYSE:AME   AMETEK, Inc.
AME looks poised to breakout as it consolidates in a tight range near the highs. Entry could be taken on a breakout above the 148 level or one could wait for a pull back into the box. Short term stop would be below the box. A longer term stop would be below the 618 RT. Pays a small dividend and is in the strong industrial sector. Down side would be that it may not move fast.

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