ATMS …TA ATMS looks quite interesting…it established a 5 month resistance at 2.4 or so…from July, to Oct. to mid and late Nov….it moved off a double bottom in aug/sept with enough strength to test resistance (but failed)…there was some weak resistance at 2.18…ON 11/24, another test of resistance occurred on high volume, but failed HOWEVER, the next few days offered more volume and a major resistance break on 11/30, (which also broke a long term downward trend from Jan) the next three days showed a retest of resistance and could not break it. Friday on rather light volume, support was broken intraday, yet finished at support, with a doji star formation. Furthermore, the breakout came from an ascending triangle at what is considered to be the "right place". In addition, some would suggest that ATMS just completed a cup and handle pattern. Technically ATMS, is sending a lot of positive signals
The downside would be around 2.31 or so (the 20day trendline) while the upside is at least to 3.12 but more likely more as the fundamentals get better.. Some weakness is evident in the very short term
So, I entered (again)
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