AMS
Atomos Ltd: AMS.AXWatchlist for the future
Base slowly forming
Watch for a break around the 69c level
Look to target the overhead gap
Price may head back down to 45c in the ST as there is a CR pending
AMS Stock - Looking nastyA family member asked me, if he shall buy AMS at 38$.
My first look at the chart was just a "WOW", what an incredibly massive Head and Shoulders. I told him to short the market rather than longing it.
And what I recently understood... Even though people are able to short the market, people just love to long the markets and they mostly dislike to short it... Must be something with human nature... Being the black sheep on the other side probably doesn't feel as great as being part of a community which is celebrating markets going up together.
If this H&S triggers,we will find AMS at: 4$.
Happy Trading!
AMS - Morning Star ReversalJSE:AMS has formed a morning star pattern at a support level. We can anticipate a small upward move.
AMS - 209 Day Bullish Trend Representing Company GrowthAmerican Shared Hospital Services engages in leasing radiosurgery and radiation therapy equipment to healthcare providers. Its equipment includes Gamma Knife, PBRT, and IGRT. It operates through Medical Services segment. The company was founded by Ernest A. Bates in 1977 and is headquartered in San Francisco, CA.
SHORT INTEREST
6.66K 07/15/19
P/E Current
17.28
P/E Ratio (with extraordinary items)
19.69
P/E Ratio (without extraordinary items)
13.62
AMS Bearish Engulfing at ResistanceJSE:AMS has formed a bearish engulfing pattern at resistance levels. Looking good for a short position
AMS Bearish HaramiJSE:AMS has broken through an ascending support line and formed a bearish harami pattern.
We will be looking at a short position, but be aware of the support level around 73000 as it might stall there for a while before finding direction again.
AMS - Momentum Strategy LongAll of the criteria have been met for a long on JSE:AMS on our Momentum Strategy.
The EMA's have crossed, The Stochastic has crossed up along with the MACD.
Anglo American ShortJSE:AMS has broken out of a descending triangle pattern as well as breaching through a downward fractal.
I have entered a short position with a target around the 55500 level.
Amplats broken through supportAnglo American Platinum Ltd have had a good run of it over the last year. The stock has been very bullish but it would seem as if it has run out of steam and momentum.
As of the end of February, a big bearish divergence have occurred between price and the MACD. Since the formation of that divergence, JSE:AMS has also broken through support at about R720.
It might be a good time to go short, but I would like to get a better price than where it is currently trading.
Action: Place a limit order to go short at R720 with a stop loss set to R780. Set your take profits to R660 and R600 respectively.
Platinum pairRobbyP, on our Unum Capital Trading desk, asked me look at Implats (IMP) vs Amplats (AMS) for a pairs trade.
Unfortunately this trend doesn't look like it has reversed, so I'm staying away.
