$AMSC
Added 2023-11-24 15:49:10 +0000 UTCWho remembers $AMSC, the market got excited about a breakthrough in July on a Super conductor that could be cooled down at room temp, which was a major breakthrough, many companies went parabolic on this news and the price action took off..
We waited for the pull back and waited for support to be found, the price came all the way back down to the 0.78 Fib and held support at $6.30.
The price has taken off since again and is now at $9.37....jumping 50%.
This is likely still Subwave 1 of this next impulse wave, so those interested in this sector, should consider waiting for Subwave 2 to complete, I have added in the Fib levels at its current price in case of a pull back soon.
Comments
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Gareth Neary
2023-11-24 16:43:32 +0000 UTCAnother great call out by you. Up nearly 8% on this one
ksims2
2023-11-24 16:41:47 +0000 UTC
