3/17/19

One of these days … AMT is going to the moon!

When a stock reaches or nears the end of its move, especially if speculation is rampant, price action can go parabolic.  It’s an old Wall St. adage that never changes.

Looking at AMT, trend lines are shown in (approximate) annualized rate of change.

AMT is the largest cap stock in the real estate ETF, IYR.  Does anyone want to go long at this point?

Charts by StockCharts