porretta.matt

Waiting for the breakout

NYSE:ATTO   None
Hi guys! Here is some TA on ATTO. This is clearly in a downtrend, we have made new lows recently. There is the trend line that is acting as literal perfect resistance on every touch. It's like a work of art.. I am hoping that we break through it on the next touch. If we don't, we could see low $5.00 range before the next rally up to retest the resistance trend line. You can also draw a support on the bottom of the wicks, however it isn't as clear as the resistance. I would be watching this stock closely, I could see it going crazy on some good news.
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