Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Amkor Technology - Buy Signals

|Includes:Amkor Technology, Inc. (AMKR)

Today I added Amkor Technology (NASDAQ:AMKR) to the Barchart Van Meerten New High portfolio for exceptional upward momentum:

Barchart technical indicators:


  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 29.24% in the last month
  • Relative Strength Index 88.72%
  • Barchart computes a technical support level at 11.54
  • Recently traded at 12.11 with a 50 day moving average of 9.03

Disclosure: I own this stock

Stocks: AMKR