Thank to Bank of America they have been slammed, especially AMTD. Is it time to buy AMTD,ET? Thoughts?
As a swing trader I wouldn't buy ET till after it cleared that 25 resistance, and then only on its first pull back ... fwiw As for AMT, that second leg pull back looks bad. Looks like a better short than a long. If it recovers above 37 I might consider going long, would feel better above 37.60 remember - free advice is always the most expensive
I have to agree with redlion. According to the huge volume(30m) today, I would consider to short it around 16 tomorrow. My target is 15.