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AMP $5.10

-oversold and on strong support zone

  1. arthur

    7,396 posts.


    Subject AMP
    Posted 29/07/02 12:07
    Member arthur


    AMP Looking strong this morning open $14.24 now$14.60
    RSI well oversold at 26
    plus Williams % R in similar territory.

    Most popular leverage is AMP wpo at12c

    +++++++++++



    AMP
    Posted 29/07/02 13:19
    Member arthur
    AMP has struck some selling resistance at $14.60 , but at this point a hold above $14.50 is still positive.

    +++++++++++++++++

    AMP
    Posted 29/07/02 14:37
    Member arthur



    Names not Crashy but am a follower,
    AMP being sold down for the moment could be Friday traders putting bids in under each other for a quick profit,
    Still could close on a high yet needs to be above $14.24
    +++++++++++++++


    Did close higher than the open of $14.38
    The closing chart looks ok with the RSI in a very oversold zone & pointing up ,and the candles are showing a tweezer bottom on support with a bullish white candle on today’s close

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