AMP is back knocking on the door of the $1.20 resistance area, we’re sticking with our view that it’s cheap under $1 and rich above $1.20 but a test on the upside is feeling increasingly likely.
- We can see AMP breaking out on the upside in the coming months but it is unlikely we will be onboard.
MM is bullish AMP technically but not fundamentally
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NB We have no interest in buying a stock based solely on technical indicators.
