$AMSAmerican shared hospital services. Great risk reward set up. A lot of bullish news behind the scenes for this micro cap stock. Expansion in the north east should serve them well the aging American population.
AMS
Anglo American PLatinum just chose a direction - DOWN to R743.65After the AMS stock tricked us showing upside to come with the downtrend broken.
This is where Smart Money clearly came in and sold the hell out of it.
Now there is an M Formation accompanied with a Bearish Engulfing candle.
This is more bearish than not.
200>21>7 - Bear
RSI<50
Target R743.65
ABOUT THE COMPANY
Anglo American Platinum Limited is a South African company and is the world's leading primary producer of platinum group metals (PGMs).
The company was incorporated in 1946.
Amplats is a member of the Anglo American plc Group, a multinational mining company with a diverse range of mining operations worldwide.
The company is listed on the Johannesburg Stock Exchange (JSE) under the ticker symbol AMS.
Anglo American Platinum operates a portfolio of mines across South Africa and in Zimbabwe.
Their portfolio includes key operations such as Mogalakwena, Amandelbult, Unki, and Mototolo.
In addition to mining, the company is also involved in smelting, refining, and the marketing of platinum group metals.
Amplats produces several PGMs, including platinum, palladium, rhodium, iridium, ruthenium, and osmium.
The company's products are used in a wide range of industries, from jewelry to automobile catalytic converters, in electronics, and for industrial applications.
HOW IT GOT ITS NAME
Anglo American Platinum Limited, often referred to as Amplats, derived its name from its parent company, Anglo American plc, and its primary business of platinum production.
"Anglo American" reflects the origins of the parent company, which was established in 1917 by Sir Ernest Oppenheimer. The company was initially funded by British and American capital, hence the name "Anglo American."
Anglo Plat showing strong upside with inv C7&H to R1,500Inverse C&H has formed on AMS over the last month and a bit.
This has been the consolidation range as the downtrend seems to be coming to an end.
We are seeing signs that the price is nearly ready to break up and out of the pattern.
7>21
Price<200 - But the price need to go back up as it acts as an elastic.
RSI >50
Target R1,500
SMC
Sell Side LIquidity Order block has formed below the handle of the cup
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.
Bullish Bias
My Value Plays - AMS | ARC | ASRT | OPHC | TRT | UONEK | EGYAre you on the lookout for some potential trading opportunities? Here are a few notable stocks that could present some interesting trading ideas.
AMS (American Shared Hospital Services) is a company that offers shared medical equipment services. The company specializes in providing state-of-the-art technology to healthcare providers across the United States. AMS has a broad portfolio of products and services that include Gamma Knife, MRI, PET/CT, CT, and others. As the healthcare sector continues to grow, AMS could provide an attractive investment opportunity for traders.
ARC (ARC Document Solutions Inc) provides document management and printing services for businesses. The company offers a range of solutions that help organizations manage their printing, scanning, and document storage needs. ARC's products are especially popular in the architectural, engineering, and construction industries, as well as government agencies. With the move towards digitization and the need for better document management, ARC could be a good stock to keep an eye on.
ASRT (Assertio Holdings Inc) is a pharmaceutical company that specializes in developing and marketing treatments for pain management and neurology. The company's products are used to treat a range of ailments, including central nervous system disorders and chronic pain. ASRT could be an attractive stock for traders due to the growing demand for pain management solutions.
OPHC (OptimumBank Holdings, Inc.) is a banking holding company that offers a range of financial services and products to individuals and businesses. The bank offers checking and savings accounts, loans, and other financial products. OPHC could be an interesting stock for traders as interest rates continue to rise and more people look to diversify their portfolios with banking stocks.
TRT (Trio-Tech International) is a provider of semiconductor testing and manufacturing solutions. The company offers a range of testing solutions for integrated circuits, memory devices, and other electronics components. As the semiconductor industry continues to grow, TRT could be an attractive stock for traders looking for exposure to this sector.
UONEK (Urban One Inc Class D) is a multimedia company that operates several radio stations, cable television outlets, and digital media properties. The company also produces a range of original content and offers advertising and marketing services to businesses. UONEK could be an interesting stock for traders as the media industry continues to evolve and new opportunities emerge.
EGY (VAALCO Energy, Inc.) is an independent energy company that focuses on developing and producing oil and gas resources in Africa. The company has operations in Gabon, Equatorial Guinea, and Angola, among other countries. EGY could be an attractive stock for traders looking for exposure to the energy sector, especially as demand for oil and gas continues to rise.
Amplats to break above 200MA up to R1,917Inverse H and S on Amplats
The break out of the neckline was strong and the MAs look good
7>21- Bullish.
Price is testing 200MA but looks like momentum will help overcome it.
Target R1,917.58
$AMS $0.305 leaning on blue sky Not a bad looking structure on the hourly, might push out sooner than later ;-}
Target overhead gap fill @ $0.575 & $0.680 area
Holding
YELLOW ARROW - BEARER OF GOOD NEWSYellow arrow pointing to bullish engulfing candle stick. We will see AMS moving upwards, for the weeks to come.
Targets:
1. R192
2. R225
Remember this is my opinion and always DYOR before investing.
AMS Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
ATOMOSI have been building a position on this one for a while now a bit after the covid crash and its been trending well with a bit of volatility bouncing around this trend.
We are heading into an EQ level right now after a fairly impulsive move this week so expecting price to pull back a little before continuing up again.
Keeping a close eye on the Supply block from just before the Covid drop as an over all target for now but if the trend continues with momentum and we move into price discovery then could be exciting
Bullish on the business in the video content creation world in general
Long | AMSAMEX:AMS
Possible Scenario: LONG
Evidence: Price Action
TP1 ~3$
This is my idea and could be wrong 100%
Anglo American Plat Ltd looks really overboughtEverything about this chart is telling me that the stock needs to retrace and perhaps consolidate at lower levels before its next leg upwards. At face value the company appears to be heavily overbought. I would usually take significant profits at this point, however, the price of platinum looks really bullish.
Its a case of reconciling whats been priced into vs the implications of a higher platinum price.
So what is one to do?
I'm incline to say take some profits...
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
Atomos Ltd: AMS.AXWatchlist for the future
Base slowly forming
Watch for a break around the 69c level
Look to target the overhead gap
Price may head back down to 45c in the ST as there is a CR pending
AMS Stock - Looking nastyA family member asked me, if he shall buy AMS at 38$.
My first look at the chart was just a "WOW", what an incredibly massive Head and Shoulders. I told him to short the market rather than longing it.
And what I recently understood... Even though people are able to short the market, people just love to long the markets and they mostly dislike to short it... Must be something with human nature... Being the black sheep on the other side probably doesn't feel as great as being part of a community which is celebrating markets going up together.
If this H&S triggers,we will find AMS at: 4$.
Happy Trading!
AMS - Morning Star ReversalJSE:AMS has formed a morning star pattern at a support level. We can anticipate a small upward move.
AMS - 209 Day Bullish Trend Representing Company GrowthAmerican Shared Hospital Services engages in leasing radiosurgery and radiation therapy equipment to healthcare providers. Its equipment includes Gamma Knife, PBRT, and IGRT. It operates through Medical Services segment. The company was founded by Ernest A. Bates in 1977 and is headquartered in San Francisco, CA.
SHORT INTEREST
6.66K 07/15/19
P/E Current
17.28
P/E Ratio (with extraordinary items)
19.69
P/E Ratio (without extraordinary items)
13.62
AMS Bearish Engulfing at ResistanceJSE:AMS has formed a bearish engulfing pattern at resistance levels. Looking good for a short position
AMS Bearish HaramiJSE:AMS has broken through an ascending support line and formed a bearish harami pattern.
We will be looking at a short position, but be aware of the support level around 73000 as it might stall there for a while before finding direction again.
