AMPG Intermediate Term view Update 07Feb2024Intermediate Term expectations continue on course. Retracement into Bearish Weekly Swing leg Internal Liquidity underway (Swept first Internal Lower High Pivot on Tue 23Jan).
AMPG trade ideas
AMPG Intermediate Term view (Log Scale)Bearish intermediate term trend continuation confirmed. Bearish Break of Structure with Weekly candle closure under $1.62. Expecting a short term pullback after filling all internal range liquidity from Jun 22' - Jul '23. In addition, external range liquidity under $1.62 has been sweeped (Long Stops to close have been squeezed, Bearish open sell stop orders trapped for the moment). Let's see if shorts get squeezed before a new bearish continuation leg. We have tapped into Weekly BISI (Buy side Imbalance Sell side Inefficiency/FairValue Gap) so passive buyer's limit orders are coming in while simultaneously coliding against key structural support. The problem is; the company is subject to keep burning cash unless they decrease R&D (and the market will keep discounting this), the deterioration of fundamentals against a strong Q3 22' and the macroeconomic backdrop are all headwinds. There is an unmitigated monthly Pivot demand zone @$1.26 & a Weekly bullish gap fill @$1.08 + Monthly Open price from Oct2020 (The month the bullish breakout began 3 years ago). I still believe in this company and it's long term goals. I think such a deep transformation to the business model takes time to show it's full impact. We are on track, even after stumbling Q3 and quite possibly Q4 aswell. The market is fullfiling long term expectations.
BUY: $AMPG #1EMA3in1AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains. It also provides specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers used in SATCOM rack mount systems, as well as test equipment used in integrators and manufacturers of various communications systems, such as cellular base stations, simulators, and point to point wireless radios; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, it provides custom assembly designs and non-recurring engineering services on a project-by-project basis, as well as IC packaging and lids products. The company serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Europe, the Middle East, and South Asia. AmpliTech Group, Inc. was founded in 2002 and is based in Hauppauge, New York.
AMPG Long Term Trend View (Log Scale)Possible Price delivery into BISI Fair Value Gap + Monthly Pivot Demand Zone to liquidate Sell Side Liquidity under $1.62 & $1.72. Monthly Internal Structure bullish as long as above $0.88. Monthly Substructure Bearish as long as below $3.98.
AMPG, fresh name in Quant/real 5g space. Watch moving averages$AMPG is a microcap ($24mil) company that reportedly designs, manufactures, and sells components important to the aerospace (sat com), telecom (real 5g), and quantum/AI space. This weekly chart demonstrates price bullishness (double bottom), but limited buy volume. The chart shows how weekly moving averages can suppress or support price action. Price recently has crossed a major resistance barrier by breaking through 50 week SMA, which is now support. However, 200SMA is proving exceptionally resistance, especially without buyers showing up in force.
Fundamentally, things look sound, IMO. Cash on hand, profits increasing. Low outstanding shares about 9mil
NASDAQ:AMPG
*Not financial advice
AmpliTech (NASDAQ: $AMPG) Looking Savy In The Near-Term ⚡Amplitech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhance output power and gain in transceiver chains. It also provides specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, it provides custom assembly designs and non-recurring engineering services on a project-by-project basis. The company serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Canada, Mexico, Europe, the Middle East, and South Asia. Amplitech Group, Inc. was founded in 2002 and is based in Bohemia, New York.
AMPG Leg 1 = Leg 2 Complex correction (Log Scale)Leg 1 = Leg 2 Bearish Measured Move nested inside Bullish Spike & Channel Macro Structure.
Expecting the Path of Least resistance to be downwards unless we continue to see strong Spring type action. Retracements under a declining 5Day MA must be treated guilty until proven innocent, if looking to open a swing trade. A Higher High above the 5DMA would provide confirmation. There is always the possibility of a re-test of 2017-Oct2020 Accumulation Range Creek & Origin of Breakout @ $1.5.
Currently trapped shareholders that remain steadfast and have bid their time for appropriate places to average down, a Higher Low Major Trend Reversal or Higher Low Double Bottom Major Trend Reversal at the base of the channel would be ideal. Otherwise appropriately Double Pressured Range breakouts could provide more conservative entries than catching a falling knife.
April2021-Jan2022 Redistribution Range Breakdown Measured Move Targets;
1:1 Target @ $2.15
1:1.618 Target @ $1.5
TargetsRSI and stohastic Set.
And Price supported by EMA200
Possible bullish return
price targets:
6.87 and 8.31
AMPG_Momentum This ticker is looking like a lil scrimp that is worth charting some major gainers if this doji gets light up buy some big hitters...Stochastic and DMI show a great op for any stock picker...
$AMPG can rise in the next daysContextual immersion trading strategy idea.
AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component based amplifiers.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $11,03;
stop-loss — $9,51.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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