After 2 resistance-ling breaking attempts in the past 6 months, the third attempt is now happening, with good volume and good support base.
Long position for after 10.30
Also can be short position with Stop -loss at at 10.35, leaves it very tight stop, with a wonderful profit:loss ratio.
If the support line will be crossed down (20.70 - 20.75) consider go to a short position (day trade)
On the other hand (and I think less likely) this stock goes up, and then a very tight stoploss can be obtained with a far target of around 28.00 for Swing.
AMCR broke the 12.00 Resistance / Support line, and is on a re-test.
I will place a Stoploss @ 11.90, a bit lower than the current share price, making the loss very limited.
Target price will be $13.00, makes the ratio loss:profit very attractive.
