American Tower Corp (AMT) Classic Trend Following

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American Tower Corporation (REIT) (NYSE:AMT)

NYSE:AMT American Tower Corporation (REIT)

Trend Analysis Chart Patterns Wave Analysis Stocks indexes fundamental-analysis stocktrading stocksignals trader finance money

trendanalysis chartpattern waveanalysis stocks indexes fundamental-analysis stocktrading stocksignals trader finance money

snapshot

Yesterday I took a nice short trade on AMT stock.

Reason:
down trend on daily/4h charts.

Trade was taken after a breakout of a bearish flag pattern and consequent retest.

Now stock is preparing for a new bearish wave.

First goal - 205

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