Antikythera_Mechanism

Ater Harmonics: New Entry Point

Long
NASDAQ:ATER   Aterian, Inc.
This will be a long hold with multi-bagging potential. The larger picture shows possible resistance price targets of around $30 and $40, but this is a long hold. Anyway. The entry here is at 6.15 exactly. I recommend taking entry one or two pennies higher. Potentially price could fail at the 6.15/16 level and find support and the 1.13 extension; however, the trend line would be violated so I expect other buyers to see this and pile in, keeping price from closing below the trendline. If price spikes below the trendline, have an order at the 1.13 extension, one penny higher. Set a stop at 5% and wait. Good luck, trade safely, and let's make that money!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.