AME is trading higher

AME has made significant advances above Fibonacci resistance 1.618. The share could potentially reach our Fibonacci target at 2.88. On the flip side, the move below the 50-period MA of 2.0 could push the price lower to the support level at 1.76.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.