AMT - Earnings likely catalyst for breakout.
Previously posted twice on American Tower, both pointing to short opportunities in the price channel AMT has been in.
Well the price behavior is changing and anticipation of earnings may be the catalyst. Note the pops AMT has had at the last 4 earnings reports? Each a long green candle. Also notice that AMT has not visited the bottom of the price channel two times now and is on trend to miss a third after today's session.
Odds go to the earnings behavior. Long.
Well the price behavior is changing and anticipation of earnings may be the catalyst. Note the pops AMT has had at the last 4 earnings reports? Each a long green candle. Also notice that AMT has not visited the bottom of the price channel two times now and is on trend to miss a third after today's session.
Odds go to the earnings behavior. Long.
