AMP - Extreme Caution

  1. 730 Posts.
    Hey guys / gals,

    Just a note about AMP. It has not been this low before, therefore identifying the bottom is technically very difficult.

    So those of you considering bottom picking, it may be worthwhile just waiting until it has definitely bottomed and reverses its' trend.

    I have been considering a call play for a few days now, as a short term bounce trade, but yesterday when it dropped below its' all time low, I knew I would not buy calls until the trend reverses.

    Just be careful.


    Regards,


 
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