Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

AMR Bullish Seasonality Trend Until Sept. 13

Written By: ChartChamp

August 7, 2024

AMR has formed a bullish rebound from a support zone between $207 and $233. There is a bullish seasonality trend starting next week, and AMR could potentially also form a bullish breakout from the red resistance line around $294.

Entry price:

  • The price is slightly high right now, but trending back down. I would buy any dips over the next few days. I don’t think the price will dip back down into the $207 – $233 support zone.

Stop loss:
-3% below entry or $205

Exit price:

  • take profit at the red resistance line, there could be a bullish breakout but exit by Sept 13

AMR Monthly & Weekly Seasonality

Follow me on social media: https://linktr.ee/realchartchamp

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

QQQ Has Rebounded Around $502.60

QQQ continues trading within this range, and has rebounded from the lower end of this range around $502.60. I have $510.31 and $513.40 as my resistance levels ahead, QQQ has struggled to climb above the yellow trendline since Nov. 15.

Read More
Default Thumbnail

SPY Trading Near $601 Resistance

SPY continues to trade near resistance around $601, and has already formed numerous rejections this week. SPY is currently trading above the yellow resistance line, and I would monitor to see if the price remains above $600.83. So far SPY is looking bullish and could trade above $600 for the day.

Read More
Default Thumbnail

RGTI Hit $3.47 Resistance

RGTI has reached my resistance target at $3.47, and there has already been some selling at this price level. I would be cautious of a selloff here, I think RGTI likely has a pullback in the short term.

Read More
Default Thumbnail

QQQ Has Rebounded Around $502.60

QQQ continues trading within this range, and has rebounded from the lower end of this range around $502.60. I have $510.31 and $513.40 as my resistance levels ahead, QQQ has struggled to climb above the yellow trendline since Nov. 15.

Read More
Default Thumbnail

SPY Trading Near $601 Resistance

SPY continues to trade near resistance around $601, and has already formed numerous rejections this week. SPY is currently trading above the yellow resistance line, and I would monitor to see if the price remains above $600.83. So far SPY is looking bullish and could trade above $600 for the day.

Read More
Default Thumbnail

RGTI Hit $3.47 Resistance

RGTI has reached my resistance target at $3.47, and there has already been some selling at this price level. I would be cautious of a selloff here, I think RGTI likely has a pullback in the short term.

Read More