To Ensure Proper R/R, The Bulk Of My Short Orders Are Weighted Near The Top Of The Zone. I Like To Refer To This As A "Bullet Catch" Pattern. From Oct-March, Price Slowly And Deliberately Rejected The ATH. This Is A Weaker Move To Fill Shorts.
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...
uptrend
As other my charts, It's entered to a new uptrend after passing of a major price level and breaking a descending trend line. so, it can be a good buying position by setting a good sl.
The PEAD projected a Bullish outlook for $AME after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 55.56%.
The PEAD projected a Neutral outlook for $AME after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AMTEK , I think we are going to strong bearish movement. If you are going to go short, make sure to place the stop above the previous rejection area .
What do you think is more likely to happen? Please share your thoughts in comment...
center stage image
stock
our system found that NYSE:AME received the best image over the course of last week.
comment image
we see a moderate negative correlation with our image indicator. We therefore assume that prices are driven partial emotionally and that there is probably some other catalyst with regard to the company resulting in an uncertain...
Can't see it on the Tradingview data but this morning NYSE:AME spiked out on the morning open for a short opportunity. The pattern also happens to match with an Ichimoku cloud pullback.
Hi friends
the daily chart of this market shows with a high probability an uptrend in the coming days
please subscribe to receive more analysis
thank you...
Hey traders, AMETEK is in a bullish gap that it seeks to fill, an attempt to fake breakout of the equilibrium zone from above. It is located on a bullish trend support which it will break from below to go to the last previous one below. A price agreement is to be sought after execution, great potential to go above the first candle in the gap.
Please LIKE & FOLLOW,...
![AME: the b[AI]te's weekly insights -- AME 2021-01-25](https://s3.tradingview.com/h/hEvkm0bQ_mid.png "the b[AI]te's weekly insights -- AME 2021-01-25")
