Alex_Quiroga

Survivor of the biggest point drop In History #8 (ATI)

Long
NYSE:ATI   ATI Inc.
In the last publications I am reducing the quantity of words that I use because I follow a large number of companies and when I identify a pattern, I do not use a lot of technical terms in my head only a few lines and pay attention to the whole picture, look the candlesticks (but not signal candles with names) and always make a multiple time frame analysis from weekly to daily. Because these ideas are for swing traders and even position traders if the price allow

here I just have to point out a couple of things
The main is the past support line around 25.80 look in 2012 and 2013 red arrows. And now the price is above that level with property.
And now in today times look the pullback to the line and the lower shadow of the past weekly candle and in this week there are a swing low in progress (The green candle)

This Ideas are for price action swing traders
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