AMP Ltd (AMP)

Discussion in 'Stocks & Derivatives' started by scott_reeve, Apr 28, 2018.

  1. scott_reeve

    scott_reeve Active Member

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    AMP down 19.4% so far this month. Technically looks very sick after breaking a 15 yr long Support line, breaking the bottom of the 18 yr wedge.

    [​IMG]

    Expecting a short term bounce opportunity soon, but no signs yet.
     
    Last edited: Apr 28, 2018
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  2. scott_reeve

    scott_reeve Active Member

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    AMP monthly chart update. The April red candle was the first big warning sign that a lot more downside was on its way. Last week's push below the all time low from August 2003 is another big blow:

    [​IMG]
     
  3. willrocks

    willrocks Well-Known Member Silver Stacker

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    Look out below!
     

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