AMI Chart, page-119

Well seeing as that all worked out pretty well, here's an update FWIW.

As per 2 yr chart below, long term support held and the stock rallied all week = BIG tick.



Looking at the 6 month chart below, the close this afternoon is the first above the 20 day SMA in just over 2 months = BIG tick.

Similarly, the 6 day is about to cross back up over the 10 day SMA, again = BIG tick

Note also, importantly the RSI & stochastic still a long way off from being ST overbought while downtrend resistance in place since late March also busted.





Conclusion:

So far so good and looks like it now has the momentum to go on with it IMO.
The 50 day MA sitting in the mid 70's may be tested soon & next week should reveal whether the 60 day correction is over and the last few weeks represented a wonderful long term buying opportunity.

disclaimer: the above commentary is based purely on my own use of a few technical indicators which have served me well over a number of years. Just happy top share and receive feedback from any of the pros who reside on this forum