Amp (AMP)

$amp

Still the same setup as the last few years: smaller structure inside a larger structure. The key areas to watch for above and below are still the same.

As time goes on, however, this smaller wedge will need to break inside the larger one. By the end of July, this smaller structure will have to break and create a new trend. The RSI has been horrendous and way oversold, but capitulation is what happens when you hit peak bear market levels. All in all, we just have to continue watching the above and below breaking points. This smaller wedge has been here since last January 2025.