AMN: Bullish Divergence at the 0.786 Retrace

26 feb

AMN after the Bearish breakdown of the 3 Falling Peaks seems to be trying to form a bottom around the 0.786 Retrace with Bullish Divergence on the MACD and RSI. I am uncertain if it will result in the stock making a significantly higher high, but I do think it could at least come back up to test the resistance that sits at around the $70 area esepcially if the IWM and Small Cap Indexes continue to rally.