OTM.Investments

👍 Tight Range, Breakout Play. (AP)

NYSE:AP   Ampco-Pittsburgh Corporation
💵 This one will be an easy breakout play as we compress in a tight sideways range. Obviously you would want to play the breakout above 3.33 - 3.40 for potential of a 30% move.

Daily Timeframe

Crossover Strategy: Greed Crossover
The EMA Dots: 3/3 Green
Support Level: 3.02
Resistance Level: 3.40

We currently sit at the 3.33, remember 3.40 breakout. 3 day is a train of dojis lined up. Expecting a big move once range is broken. If break below support it should melt.

Have an awesome day! ✌

🥇MLT | MAJOR LEAGUE TRADER
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.