If you look at the chart, Amp looks to have already formed two legs higher. From a chart standpoint, it looks very similar to ACH before it made it's 168% gain higher for it's last leg.
I think AMP could potentially make the same move over the coming weeks.
Support needs to hold here, but if it does, and it can surpass it's last high, then I think this idea would be valid and we can see 150%+ gains from these levels.
I've marked off some key resistances, but the ideas is that AMP should be able to get to the top of the range.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.