metalhound

ATOS mini TA with fib lines

NASDAQ:ATOS   Atossa Therapeutics, Inc
Not surprised that we fell hard after breaking the uptrend (green line) at $8, retested the line at $8. 40 to perfection and then fell about 35% to current prices.

What surprises me more is that the $5.66 support didn't hold and is now acting as a resistance zone . If we do break this mini resistance, I have no doubt that we will test the $6.60 fib region again.

Else, I can see this stock trading between the $4.10 and $5.66 region for a few days/weeks. If it does go lower and hold the 4.10 support I'm a buyer again. Good luck to all holders, I'm sure we all know the potential of this company.

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