SamSuka
The Long Investor
The Long Investor

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$AMSC - COTW -

Chart of the week could not be going better, we said to wait until the 1.618 Fib where Wave 4 has been set to look at entering and yesterday we got a strong pull back to $8.88 yesterday before recovering nicely.

We can see in the PM that this is back to that $8.90 level again and the 1.618 Fib is firmly in a lot of sights now, the 200 Day MA is moving up nicely to this level too.

So let's look for support next before entering, again no rush here.


$AMSC - COTW -

Comments

What levels are we looking at now on this please? Support wise. Down after ER to $8.00

Anthony

Chart invalidated after dropping below the 1.618 Fib?

Craig

-10% pre market. Why?

makis


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