Trading Idea - Amkor Technology
BUY
ENTRY: 23.53 USD
TARGET: 26.10 USD (+11%)
STOP: 22.33 USD
1.) rejection at the uptrend support level. uptrend continuation.
2.) retest of the resistance level expected
3.) For the past year, the analysts have regularly revised their sales expectations for the company upwards.
4.) The company has enjoyed very extensive upward revisions over the past 4 months to its net profit estimate.
5.) During the weekly observation period, the share is in a technical constellation that could cause prices to rise above the support at USD 15.52.
ENTRY: 23.53 USD
TARGET: 26.10 USD (+11%)
STOP: 22.33 USD
1.) rejection at the uptrend support level. uptrend continuation.
2.) retest of the resistance level expected
3.) For the past year, the analysts have regularly revised their sales expectations for the company upwards.
4.) The company has enjoyed very extensive upward revisions over the past 4 months to its net profit estimate.
5.) During the weekly observation period, the share is in a technical constellation that could cause prices to rise above the support at USD 15.52.
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