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American Tower Corporation (REIT) ( $AMT ) is one of the super and best stock to buy and offering possible buying price between $214.62 – $225.35, as of June 18th , 2019. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a rock solid run early this year.
3. The stock consolidated for couple of months after that.
4. The stock found support throughout the run.
5. Then it resumed the run and made decent gains.
6. The stock appears to be in a quick consolidation, now.
7. The stock even come under severe distribution during the consolidation, but held up well.
8. The potential buying price would be $214.62 – $225.35 with a stop loss at $197.45.
