lowtrade

[lowtrade]

No help here. I'm low risk and don't know the company. IMO chart is still dangerous. I'd do as always; Take profits when they present. Problem is your in a $200 stock with only 4% gain. Need a lot of money to make a lot of money in that price range. Usually left for institutional, hedge funds, or Warren B.


This gap up wasn't in the beginning of a new run, so it should fill and "V" bottoms usually have throw back highs. Just what I think is happening at the S&P. Plus volume for todays large price surge isn't really huge. On top of all this technical info, analysts are rarely correct. $260 ?
16-May-14 Initiated Deutsche Bank Buy $227

Only positive I see in the chart was the 5,10,20 MA's confirming entry 3 days ago @ 201. Todays DMI entry & confirmation with ADX turn up is IMO late. And expected at a decision point breakout.

AMG
http://stockcharts.com/h-sc/ui?s=AMG&p=D&yr=0&mn=3&dy=0&id=p09814149390