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the_sunship
Apr 25, 2023 1:26 PM

ATOM up part 2 Long

Atomera IncorporatedNASDAQ

Description

an old stock I liked way back when, and it looks to be getting ready for a move up to 10 dollars again. Earnings are tomorrow, so please be careful. Technically we are at long term horizontal support with a falling wedge and weekly bull divergences. It's a nice setup, but of course - this could fail miserably. Again, please be careful.

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up 30 percent so far post earnings.

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close to 10 dollars and at some resistance here, some profit taking expected.

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ATOM has reached the target -

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ATOM pullback to around 8 dollars should be enough to reset the mid time frames and get to strong support. Higher is likely.

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ATOM to support level, maybe a cup and handle formation

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ATOM finding support at the daily 18ma, might be done with the selling, not sure just yet.
Comments
BuzzedLightBeer
Glad I saw this idea before yolo'ing half my account into it yesterday. I'm up almost 55% after hours now. Thanks Sun. Was this pop on the earnings or the news article you posted?
the_sunship
@BuzzedLightBeer I think it was both, congratulations 🎉
BuzzedLightBeer
thanks man, I needed a comeback so it was kinda all or nothing. it was a great way to break the losing streak I've had for the last month
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