mrrikitikitavi
Short

Looking to Short

NASDAQ:ATEC   ALPHATEC HLDGS INC
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1
Chart looks a little over extended and did not could break resistance well at eod . I think there could be a pullback on this and if it breaks 0.39 I feel it could drop below 0.35.

I will short straight out the gate with my risk being 0.45/0.46 and if it drops straight away will look at taking profit at 0.35 or below for a 16% gain or above depending how well the support can hold.

This may go up then I will come up with a new strategy depending how it plays out.

Check this out on the 1 minute chart..

Comments

Also forgot to mention the RSI is over 70 this has to come down shortly and if not today I will be waiting for when it does :)
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