n.c_trader
Long

AtriCure - New Hights very soon!

NASDAQ:ATRC   ATRICURE INC
89 1 0
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I like this stock too, but I also like it for the daily chart. It had a gap filling formation but did not completely fill the gap and reversed on big volume which created the volume spike last week. Also the stock has been trading well above the 50ma for quite some time now and corrections from gaps that occur well above the 50ma usually hit the 50 for support. With the price getting very close to the 50ma before it reversed on big volume suggests the stock is still strong and the upward trend is likely to continue.
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