bit of a contraction herer scrappy chart but a lfew levels watchy watchy over next while
With almost a billion $ in cash yet to be returned to SH's (which includes a $370M share buy back) & dividends being restored (Ex 01/03 2.5c ehh,its a start) & the weekly structure, if this doesnt shred stale holders soon i will be VERY surprised Holding, initial target in red, then freehold the rest
ENTRY: 1.395 SL: 1.330 TP: 1.530 - ADX>25 - Daily RS +ve - Daily FFI +ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Entry today based on today breakout and >3% rebound off 10EMA with volume.
A long term position in my portfolio Has a decending wedge that has broken out and retested, as well as a 'Cup' which could form part of a cup and handle pattern... Whatever the pattern is called, it appears to be basing out and has consolidated so the path of least resistance is higher in my opinion Breakout this week... so likely to climb significantly as the...
Inverse Head/Shoulders Price Target ~ 1.60 Invalidation below 200 DMA
ASX:AMP AMP chart patterns Multiple interpretations intended
ASX:AMP AMP made a strong up move in June but like Amazon's willy, is back down to Earth
AMP daily chart Looking for support around $0.96 - $1.06, hoping it drops quickly and forms a base
Looking for buying pattern to emerge on AMP around 1.06 - 0.96 Has long term harmonics, major number $1.00 and if it drops quickly and forms a base it will also have divergence on RSI
Hi all, Keep an eye on it. Wait for consolidation and plan your entry. Enjoy!
AMP is currently trading at all-time lows. I do anticipate price will trade sideways for some time until the company finds stability and confidence within its management, albeit not long-term. With respect to the technicals, it is clear a double bottom has formed on the weekly time frame which has married the plummet of Covid in March 2020. I am not convinced...
ENTRY: 1.26 SL: 1.33 TP1: 1.18 TP2: 1.075 - ADX<25. Would like to be higher. - RSI<40. Would like to be lower. - RS and FFI -ve. - MACD -ve. - MAs aligned. - Breakout with good volume on 29 Mar 2021 and retraced the next day but got rejected on 6 Apr 2021.
AMP Capital Global Shares Index Fund is my latest stock market investment which I just thought to share with you all. Forex trading creates a monthly payout to keep food on the table and stock market investments is used to let the capital grow. Excess profits from FX goes into stock market investments for a medium to long term investment. Don't work for money,...
M formation Neutral formation in a bearish trend Seems to be forming an inverse H&S similar to one previously seen High risk high reward I believe this will play out bearishly however. Continuation of the bigger M formation (in orange) Quite hard to decipher the nature of this chart,
An inverted H&S pattern with a break. My simple advice is let the price action retest the break & move up before you commit
Bullish Flag pattern Buyers broke upper trend line for continuation to next level of supply
added to watchlist, waiting for w1 mn PA to become bullish .
I think AMP can recover nicely in next few months