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AMC: Critical Support?

Chart Forum » Options & Derivatives » ASX » AMC: Critical Support?

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uturn
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Username: uturn

Post Number: 428
Registered: 09-2002

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Monday, June 16, 2003 - 12:53 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



AMC_13Jun03







"Whatever comes for your livelihood, accept it." -Papaji
_________________________________________________________________________________
THE AUTHOR IS NOT A LICENSED INVESTMENT ADVISOR. THE MATERIAL IN THIS POST IS OF A GENERAL NATURE AND FOR DISCUSSION PURPOSES ONLY. IT NEITHER PURPORTS NOR INTENDS TO BE ADVICE. READERS SHOULD NOT ACT ON THE BASIS OF ANY MATTER IN THIS POST.

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peterloh
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Username: peterloh

Post Number: 81
Registered: 03-2003

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Monday, June 16, 2003 - 09:44 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi Uturn

AMC is an interesting chart. I did trade AMC but now it has fallen out of my guidelines as it is a ranging stock at the moment.I can understand you can trade inside the channel and made a good profit from it. My strategy today is to catch shares on their initial break out and try to ride all the way like NVS.

Good luck to your trading.

Cheers

Peterloh






-------------------------------------------------
Disclaimer: Please note that comments made in this column is not made in my professional capacity and should not be taken as advice.Any share discuss is for general interest and should not be relied on to make an investment decision.Please consult your stock broker or financial adviser in regard to your personal situation.
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