Ameresco is an engineering company working in the Energy field.
Stock chart currently building into a nice ascending triangle. Not confirmed yet.
Must break the 72$ barrier first.
If confirmed:
Price target = 107.97$
Stay humble, have fun, make money!
* Great earnings year over year
* Very strong up trend
* Breaking out of a year-to-date consolidation with 40.98% more volume than average
* This trade as a chance of giving an ROI of 86.26% if it plays out in our favor.
Trade Idea:
* Now is the best time to jump into this as it's very close to the breakout point and it's picking up volume as well.
Ameresco has been recently downgraded, and we can indeed so some things to be concerned about.
Wait for confirmation in price action, and then perhaps short away.
Chart displays the 20dma
Jun-23-20 09:05AM
Oregon Department of Transportation Selects Ameresco to Complete Large-Scale Streetlight Conversion Project
Business Wire
+8.40%
Finviz
This one is interesting. After a possible dead-cat bounce today, I see this heading lower. If we get into the 13's this could be a strong swing play back up. Watching...
