Trend_Chasin

Interesting Monthly hart for AMKR

Panjang
NASDAQ:AMKR   Amkor Technology, Inc.
I just wanted to share this with ya'll. As I was looking at this chart I noticed the huge rounding bottom dating back to 2003. I ran the Trend Based Fib Extension up the initial trend and back down the retracement, and I just thought it was neat and interesting how well price has respected those 1st Fib levels for the last 20 years almost. They had an awesome year fundamentally, I'm guessing the profited off the chip shortage, and has finally broken out of the massive base. I'm long with a price target of the top fib level longer term or the .618 intermediate. Thanks for checking out my chart. Let me know your thoughts in the comments below. Much love everybody

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