I4$,
The 4,3,2 and 89,3,5 and 3,1,2 are periods for the stochastics indicator. The reference to 20 is made because that value is generally considered an oversold boundary.
TC is a particular activity within the stochastics indicators mentioned that can point to technical resistance being removed from the chart.
The TC in question for ATMS was a double shot. The first was for today and the 2nd is for tomorrow (Thursday). The 3,1,2 on it was, however, overcooked after Tuesday's close and did not allow price movement today. Now the 3,1,2 has backed off a bit so tomorrow has a better opportunity to show something. If ATMS does not move up tomorrow, tight stops would be necessary if one has already entered long.
Doug R |
