$AMX daily #chart #cupandhandle #stocks #trading

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AMX potentially breaking out from a year long descending triangle and C&H pattern
RSI at 59 currently with room to grow, MACD just crossing over and Histogram potentially turning positive
Check out the massive volume traded yesterday (6+ mil) , then check what the stock did in the previous sessions when similar volume has been recorded (pointed on the chart)
Potential target from the C&H pattern (T1) is around 17.50
Potential measured target from the breakout of the descending triangle (T2) is around 18.40
Trade attivo
T1 reached
Congrats longs,
TA

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