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AMG is recovering from a massive decline. However it could be a bear flag. Upcoming decline could go back tot 24EUR (Fib line). Let's see how the upcoming weeks will turn out.
RSI broke out. Chart has broken out and the resistance seems to be the new support. Let's see what happens next.
I prezzi impattano sulla media 200 daily. Ingressi possibili da 34,95. Target e stop riportati in figura.
Last friday AMG fell through the upward sloping trendline. This triggered lower prices yesterday. Support can be found around a recent bottom @ 37, or near the 200 MA which also corresponds with a longer term trendline. Probably this last one.