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Is Amer Sports' Rally Running Out Of Steam?

Amer Sports (NYSE:AS) is currently in Phase 2 of its 18-phase Adhishthana cycle on the weekly chart. While the stock has been in a sharp rally since August 2024, a closer look through the lens of the Adhishthana Principles raises caution. Here's what's flashing red and what lies ahead for the stock.Amer Sports Weekly Charts: Rally In The Wrong PhaseOn the weekly chart, Amer Sports sits in Phase 2 of its Adhishthana cycle. The Adhishthana Principles are our proprietary framework, which blends sophisticated b ...