$AMTD long
Updated
AMTD intially dropped due to news of them getting rid of commissions and it looks like it's starting to head back up there.
-The stock is currently in an uptrend and I think it will move something like this
-We see the first resistance level around $36.15 back in Apri/May 2017 and the lagging span bounced off of it
-The next resistance is around $40.26 and I'll come back and update when it gets there
-The stock is currently in an uptrend and I think it will move something like this
-We see the first resistance level around $36.15 back in Apri/May 2017 and the lagging span bounced off of it
-The next resistance is around $40.26 and I'll come back and update when it gets there
Trade active
The RSI is currently overextended, so I am expecting a bit of a pullback soon.Trade active
Scratch that. I current have the money flow index on. I forgot to switch it back to the RSI. Currently the RSI looks good.Note
AMTD is retesting that resistance line again. So far it's looking healthyNote
If AMTD breaks through the cloud, it's a wrap.Trade closed: target reached
thank you charles schwab
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