SamSuka
The Long Investor
The Long Investor

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$AMSC - COTW from the 8th of August

Another strong day today and finished up 14% for the day.

We can see that the 200 Day MA has been a strong support line on the 1hr Chart since June and held our Wave 4 pull back perfectly.

This may pull back slightly one more time before another move higher.

I have contacted a number of professionals in this industry to monitor this for me and their understanding is that many companies are working tirelessly to recreate what the Korean engineers have achieved.

$AMSC certainly looks like it is a contender in this race, we will continue to watch this and I know a few members have added here last week as it has found support.

$AMSC - COTW from the 8th of August

Comments

are you speaking to the lk-99 stuff? apparently it's not what it seems like: https://www.iflscience.com/hopes-dashed-as-lk-99-confirmed-not-to-be-a-room-temperature-superconductor-70165

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