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pp -

I believe there is now a lot of traders playing with Amx stock , post QE and with the chart showing a clear bottom being set .

Traders being active in the stock are fine and play a role in sp progression . It's these traders that help push the stock higher , lock in gains and will push again when support levels are reached . Rinse are repeat ( hopefully from higher retracement points )

Stock remains in a healthy 3 month uptrend . Support at 64c , small gap at 58c that may still fill , but also a gap at 89c also . Which will fill ? I'm guessing the later .

Good buying op today IMO , if your following the traders .

I bet fishy is looking for more again here !