Antero Midstream shows a weekly 13 months head and shoulders bottom pattern and a daily continuation head and shoulders pattern. The weekly chart is on the left of my post and the daily on the right.
The stock broke out of the multi month weekly head and shoulders on December closing above pattern neckline (blue line). The stock since then has formed a continuation head and shoulders pattern with the head testing the weekly neckline support. It is an interesting chart setup and one that I will be watching closely. A break over the daily neckline (green line) could send the stock into a strong 2021 uptrend.
Antero Midstream Corp (AM)- HOLDING CO PROVIDES NATURAL GAS GATHERING, COMPRESSION, PROCESSING, FRACTIONATION/INTEGRATED WATER SERVICES.
The stock broke out of the multi month weekly head and shoulders on December closing above pattern neckline (blue line). The stock since then has formed a continuation head and shoulders pattern with the head testing the weekly neckline support. It is an interesting chart setup and one that I will be watching closely. A break over the daily neckline (green line) could send the stock into a strong 2021 uptrend.
Antero Midstream Corp (AM)- HOLDING CO PROVIDES NATURAL GAS GATHERING, COMPRESSION, PROCESSING, FRACTIONATION/INTEGRATED WATER SERVICES.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot