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Modus777
Oct 4, 2021 5:41 AM

$ATOM Cannot get tighter than this Long

Atomera IncorporatedNASDAQ

Description

As the title reads, accumulation has taken place for a long time, basically for an entire year. Breath in the directional indicator shows a small whammy to the upside (DI over 25+ will confirm the move) last Friday when Atomera turned green on the day and was rejected by the ATHs VWAP. This VWAP level will prove important this week on whether price is kept below for more accumulation or start showing demand above. The POC at 23.55 should prove to be decent support and any daily print below 22.04 is a stop loss and a trend reversal in the short term. Trading plans on the chart.
Comments
ThetaGanger
ER might be the catalyst, it could go either way. nice analysis

btw is spy450c sold out?
Modus777
@ThetaGanger, Very true! Looks like it's still setting up under VWAP. SPY450c I do not know! lol
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