AMT a possible infrastructure play

I suspect that the Phase 4 stimulus bill, which Trump wants to be $2 trillion dollars, will include some funds for the 5g rollout. That might benefit companies like Nokia and Ericsson, though I'd expect the US government to favor US companies in any contracts for infrastructure build. Thus, I'm looking today at American Tower.

On the hourly chart, AMT looks like it has some support from the 200-hour EMA. I'm buying here and setting my stop loss below the moving average.

Dagangan ditutup: hentian tercapai:

I got stopped out of this this morning. I don't feel too bad about it; the thing's overvalued near t0 p/e and I didn't feel great about owning it anyway.