ATMcharts

V cup with handle

BATS:ASTX   None
71 1 0
Long set up. Price has found some support in the low 3.20's. Maybe it needs to form a deeper handle?? Arguments against this chart include: The pattern is taking place at the top of a long term range and the V shape of the pattern reduces the odds that the stock will firm up here and push higher.
Moving this one up our watch list as it gets closer to 3. Nothing is imminent at this time.
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