AMSC - Long - breakout continuation

10 dic 2016

Hi guys just thought i would share this one, i am away for the holidays so i wont be sharing much for a while. Throughout 2017 i will be focusing a lot on energy and micro power and amsc is a nice microcap stock mainly specializing in the wind turbine industry that i think can do quite well with earnings and revenue on the up. I bought a number of shares on the breakout which i will be hoping to hold for some time and I've recently triggered more long positions as we've bounced off resistance turned support and the 50 -100 dma's expecting a strong rally as we break the 200dma and i will be looking to book some profits around $10.50

10 dic 2016

Commento

Bottom fishing - amsc has been slowly moving away from its extreme low $3 range. Not expecting any speedy recovery but im happy to let this one sit in my portfolio for some time unless we return to extreme lows

10 dic 2016

Commento

Could still dip safe entry would be to buy a break here