rossgivens

AMPS - Cup w/ Handle Breakout Buy

NYSE:AMPS   Altus Power, Inc.
AMPS is coming out of a textbook cup with handle pattern, triggering a buy here.

AMPS is somewhat of an under-the-radar solar stock. Unlike most solar companies which make panels, chips, or mounting systems for customer-owned solar energy systems, Altus is an electric utility company whose power comes exclusively from solar generation.

I actually prefer the names that don't already have a million eyeballs on them. EVERYONE is watching ENPH, FSLR and the other big solar names. But AMPS is setting up to be a big mover.

The 200-day moving average is finally turning up, signaling the beginning of the stock's first Stage 2 uptrend. If this is indeed the beginning of a new stage (see my previous post on the 4 Stage of the Stock Cycle), there could be massive upside from here.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.