Potential breakout downwards for AMP
Updated
On the short term I think amp is looking to have a move downwards before it goes up. The BB are showing a near breakout, theres a descending triangle thats formed, and the long term(50) moving average is above the short term(20) moving average. Love to hear your guys' thoughts on AMP in the near future
Note
Update: Amp has indeed dipped though it is entirely possible this is due to the entire market taking a shit. Will have to reassess the situationNote
dip has turned amp more into a wedge and I think it can be looking to turn around in the near future
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