AMS trade ideas
$AMS $0.305 leaning on blue sky Not a bad looking structure on the hourly, might push out sooner than later ;-}
Target overhead gap fill @ $0.575 & $0.680 area
Holding
AMS @ 26 OCT 2021Text me if you have any questions/comments for me.
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AMS
- Previous analysis was done on 12 Oct (red arrow) -> suggested waiting for successful breakout of counter-trendline (blue dash line) before plotting entry especially if comfortable with overhead strong resistance (purple dotted line)
- Since then, the stock has had a failed breakout of the counter-trendline and fallen below the mid-term support
- Recent price action is not good and would constitute a structure break
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
AMS @ 12 OCT 2021Text me if you have any questions/comments for me.
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AMS
- First time doing a written analysis on AMS
- Has a history of sharp uptrends and steady retracements
- There was a long sideways movement that lasted more than 7 months (purple shaded area)
- Strong resistance at 1.80 levels (purple dotted line) that was created in Sep 2019
- Recent LHs have created a counter-trendline (blue dash line)
- A successful breakout with above average volume could present a buying opportunity
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of counter-trendline before plotting entry especially if comfortable with overhead strong resistance
ATOMOSI have been building a position on this one for a while now a bit after the covid crash and its been trending well with a bit of volatility bouncing around this trend.
We are heading into an EQ level right now after a fairly impulsive move this week so expecting price to pull back a little before continuing up again.
Keeping a close eye on the Supply block from just before the Covid drop as an over all target for now but if the trend continues with momentum and we move into price discovery then could be exciting
Bullish on the business in the video content creation world in general
Swing tradeLooking to catch some upside momentum as AMS continues to recover after the covid-19 crash. I did have a position in AMS but got stopped out in the lead up to the USA president elections (should have had a tighter stop and gave back some unrealised profits!) So having another go with an entry at .625. Stop has been moved upto break even on the 11/11/20. Target is around the 1.2 but ill will continue to move my stop up to below the new higher lows that form.
$AMS market permitting. At or near month highs.Not just retail buying this. Watch on this as any other strong stock after the shellacking handed out last week. Flag around this 70-73 level and Im adding.
AMS - Potential 50% dropPrice made an attempt to break out of the long term down trend but was rejected off of the down trendline back down to support at 0.49 with heavy volume, if the support at current levels breaks there could be a retest of March lows and perhaps lower lows. A short entry at 0.43 could be a valid entry point, one to watch for the meantime.
Atomos Ltd: AMS.AXWatchlist for the future
Base slowly forming
Watch for a break around the 69c level
Look to target the overhead gap
Price may head back down to 45c in the ST as there is a CR pending
Is it a good time to buy AMS?AMS was struggling to break the 50MA but today it has managed to do it. But is it a good time to FOMO and buy or it is a time to be cautious and wait for the buy signal? Lets dive deep into the TA.
Today AMS broke 3 milestones: 50MA, 0.236fib and turned the daily velocity positive. This to me is a good sign to open a small watch out position. If it manages to stay above 0.6 it can be a good sign to buy for long term hold. 0.66 will be key to break and it will open the gate to upper levels.
I will keep watching this stock for you and let you know when i enter or exit my positions.
Before buying anything DYOR.
Stay safe
ASX:AMS fighting 50MAATOMOS aka AMS attempted the 50MA but failed to close above this key milestone. This happened after an epic volume when AMS dropped below 0.5$.
A quick TA shows that AMS can be bullish if it retakes the 0.236fib, it closes daily candle above 50MA and the daily velocity turns positive.
Atm i am keeping it on the watch-list and will be ready to ride it when the case turns bullish.
PS:DYOR
AMS on a blink of a breakoutOne interesting stock in terms of TA. It has broken the 0.555 fibonacci resistance and now it is looking to test to the next fib level. Be aware of one historic resistance around 0.65 but to me the major resistance is the 0.382 fib extension. If it is taken I will be looking to the 1.070 as the next major resistance. For those jumping on this wagon atm the SL would be below 0.555 and target will depend on your investment plan if you are long term holder you can look for the 1.070 or even 1.5$. Be aware of todays yuuuge volume. I smell a fomo.
AMS new iPO Symmetrical triangle base breakoutbullish trend , high volume, new name, 4k camera for vloggers
Down and UpSelling at 90 cents to hopefully buy back in at 75 cents. Surely a correction is in order after Thursdays pump. Long term bullish on AMS. Totally a new trader, sharing this mostly for my amusement to see how it works out.
