PontusTrader

ASMC super bullish chart

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NASDAQ:AMSC   American Superconductor Corporation
Very bullish chart TA speaking, you have a triple bottom and a W shape reversal. You also have a multi year resistance line that we broke out of then performed a throwback retest around $4.80 back in July 2018 before continuing higher.

Using fib extension to anticipate a price movement to $18 around July of 2019 - but I expect a stalling at the high retest of $12.50, then continuation upwards.
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