AMPS - Cup w/ Handle Breakout BuyAMPS is coming out of a textbook cup with handle pattern, triggering a buy here.
AMPS is somewhat of an under-the-radar solar stock. Unlike most solar companies which make panels, chips, or mounting systems for customer-owned solar energy systems, Altus is an electric utility company whose power comes exclusively from solar generation.
I actually prefer the names that don't already have a million eyeballs on them. EVERYONE is watching ENPH, FSLR and the other big solar names. But AMPS is setting up to be a big mover.
The 200-day moving average is finally turning up, signaling the beginning of the stock's first Stage 2 uptrend. If this is indeed the beginning of a new stage (see my previous post on the 4 Stage of the Stock Cycle), there could be massive upside from here.
