AMT is one of those recession-proof stocks with a long history of steady gains. A breakout here could result in a 34% rise in price. Again the market is funky right now chopping all over the place. if any stock has a chance to push higher its AMT
Falling wedges can be bullish when price breaks up and out of the upper trendline. Not a recommendation. Looks like a cup and handle pattern is also forming
The PEAD projected a bearish outlook for $AMT after a Negative under reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Opinion Only; not trading advice. Large option activity in this one for the $225, $217.50, and $270 strike last week.
Looking at a bottom in the area and the impact of 5G mobile on antenna business model for AMT.
Looks to be be ready for another leg up based on Fibonacci levels. Stop near $223 Not advice, just observing
American Tower is the largest owner of wireless towers, and the largest member of the real-estate sector. It’s been in a long-term uptrend thanks to the spread of wireless communications, having doubled between early 2017 and early 2019. It hit new all-time highs last summer, pulled back for half a year and now may be showing signs of a turn. The first important...
NYSE:AMT This is solely for educational purposes. This is my first sharing. I am testing my strategy which is based on combination of fundamental and technical analysis. My objective is to find good investment opportunities. Analysis I notice the price is making a trend change upward after bouncing at FIbo 61.8. Do notice there is a strong resistance at...
I am looking for a pullback on AMT. It is overbought, has bearish RSI divergence, and appears to be pivoting off of the 224 price point. I do not have a position on AMT, I will be evaluating this trade on monday based on market direction. Always use stop loss when trading - thank you for viewing my idea!
Yesterday I took a nice short trade on AMT stock. Reason: down trend on daily/4h charts. Trade was taken after a breakout of a bearish flag pattern and consequent retest. Now stock is preparing for a new bearish wave. First goal - 205
Biden make money printer go Brrrrrrrrrrrrrrrr and give it to infrastructure.
-Support around:203$ Target price: 268$ - RSI: oversold on the Weekly chart, OVB: Decreasing volume since Nov 16 -Industry trend: Increased need for broadband towers can we positive for AMT revenue -AVG Stock price target: 278$
One of the best REITs on the market. The 200 price level looks good for buying. But if all markets are corrected, the price can go even lower. Wait as the market meets the beginning of next year. Also, according to the chart, there is a possibility of the formation of a head with shoulders when the price approaches 230. The negative economic situation may force...
AMT Weekly: The weekly shows a rejection candle that went up to -1 ATR, a point of reversal the last couple of weeks that often resulted in a pullback to the 21 EMA. MACD Histogram is ticking up, although EFI is hanging around its EMA and not showing much strenght yet. Stochastic RSI is bullish and its %D line is rising. Daily: There is a nice triple...
This entry and SL is based on my technical analysis only. Do your research and trade on your own risk!