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inco1

$amt negative divergences and descending triangle

Short
American Tower Corporation (REIT) (NYSE:AMT)  
inco1  
NYSE:AMT   American Tower Corporation (REIT)
negative Divergence Relative Strength Index (RSI) AMT conviction downtrend multi-timeframe support Support and Resistance
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0
negative divergence relativestrengthindex amt conviction downtrend multi-timeframe support supportandresistance
higher time frame is showing negative divergence in rsi
intermediate time frame is showing distribution and no conviction in buying pressure and forming a descending triangle further supporting higher time frame alignment
lower time frame is showing a downtrend breaking below support and retesting on pullback
will look to enter on 130.2x area for a move down to 129.3x area as first target and break lower to the 125.18 which coincides with the higher timeframe
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