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American Superconductor Corporation
American Superconductor Corporation (NASDAQ: AMSC) is a provider of megawatt-scale power resiliency solutions. The Company's solutions include Gridtec, Marinetec and Windtec. The Company, through its Gridtec solutions, provides engineering planning services and advanced grid systems that optimize network reliability, efficiency and performance.
As per our previous US Dailies report published on ‘AMSC’ on 8th Aug 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 20.32 based on technical analysis and the stock price has now moved by ~9.69% since then and is trading near resistance 1.
Noted below are the details of support and resistance levels provided in our previous report:
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