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AMP Triangle Breakout? |
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Jester ![]() Newbie ![]() Joined: 06 Jun 2007 Posts: 11 |
![]() ![]() ![]() ![]() Posted: 07 Jun 2007 at 1:19am |
I am not sure what to make of AMP. A 100 day Twiggs Money Flow shows it been in distribution mode since may 2006 and now the 21 week TMF has been below zero since March but still hit a new high in April .
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damo ![]() Newbie ![]() Joined: 12 Sep 2004 Posts: 14 |
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looks like this was a fizzer.....
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damo ![]() Newbie ![]() Joined: 12 Sep 2004 Posts: 14 |
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Any opinions welcome.
Either AMP is running out of uptrend steam with some consolidation, or it looks like a possible candidate for a triangle breakout. Dividend is also due in a couple of weeks ![]() |
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