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justinsandell

AMT is at resistance

Short
American Tower Corporation (REIT) (NYSE:AMT)  
justinsandell Aggiornato   
NYSE:AMT   American Tower Corporation (REIT)
Trend Analysis Chart Patterns Technical Indicators
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I am looking for a pullback on AMT. It is overbought, has bearish RSI divergence, and appears to be pivoting off of the 224 price point.
I do not have a position on AMT, I will be evaluating this trade on monday based on market direction.

Always use stop loss when trading - thank you for viewing my idea!
Commento:
UPDATE: Not a good idea seeing as AMT was grinding against its support line for a couple days. I have a small short spread position at 227.50/225.00 initiated at 227.80.
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