Price action has been rejected off of this falling wedge resistance 3 times now, and it's going to take some time before enough people turn bullish on it again to drive a run. I play long only. I'm not in ATER, but I see it being pumped on social media so much that I wanted to paint a clear and simple picture for others on why it's bearish right now.
Will resolve in less than a week. But this is an established down trending line in a wedge for BBIG. When we break the red line we are going up and we're going to break the red line very soon. Also there is an insane amount of FTD's next week. Their time is up. stocksera.pythonanywhere.com Also shares are coming out in the form of a dividend very soon to form...
Ater seemingly setup for a technical bounce, possibly up to the first tester area of $3.40, golden cross about to form leading to a period of upward trend, low rsi allows space to grow. N.B, the pitchfan is designed more on a macro type scale, whereas this idea is a short term play.
we been holing our ascending channel for weeks , and we broke from our resistant the 0.59$, now we going to test the 1$ , which is the psychological level, and squeeze area for ATER, we need to hold above the 0.71$ to confirm the bearkout if we got rejected the first time . a bonus in TradingView coins (up to 30$) tiny.one
Loading zone for swing to 2.75 range. 2.10 is historical golden loading zone
Based on the 1D chart, it seems ATER could have made a double bottom (blue line). There was a gap down from 09/05 -10/05 opening and like almost all scenarios, all holes get filled ;) so in my opinion, I am predicting ATER to bounce back up to the area where the gap had occurred (green bar)
Ater is now retraced down to its .786 level, this is a typical region for buyers to buy the "dip". Will it act as a support? $2.91 was observed to act as a support when the AH dump struck during the AH of earning releases. Will it retest that support, should it break the .786 level?
Fib. levels all depending on the earning call today. Could most likely step down due to the market condition...
volume action is bullish ( heavy volume on upside and lower volume on downside ) Waiting for trendline break (also, follow through & confirmation)
We have full cup and handle and potential cup and handle formation in various timeframes Full cup and handle in 30 minutes, 45 minutes and 1 hour. Forming a cup and handle in 1hour, 2 hour, 3 hour and 4 hour chart.
Ater needs to close above 5.22 this week to avoid stoch cross. I like Ater weekly chart because the moves ups and downs are so evident. Feel free to provide feedback and tell me what you think.
ATER has traded down to a support level and 0.62 Fib retracement. ATER has an upcoming pharmaceutical approval from the FDA for one of their drugs which remains in stage 2 trials.
Aterian was named 166th fastest growing company in Americas by Financial Times. A expect a retracement to the 0.618 Fibonacci level before another leg up. My price target is $9.30. Looking forward to read your opinion about it.
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for $ATER RSI on weekly looks bullish after reaching the base , RSI on weekly show divergence , potential to exit the short trend after breaking the orange line, all will depend on the Tuesday March 7 2022 Call asking price now @ $2.29
Maybe Aterian deserves a spot on a trader's watchlist here. Above 4$, crazy things COULD happen. Those 2021 highs most likely won't be seen any time soon if ever again, but already a mild retrace to the 23 or 38 retraces would mean big gains. A break above 4$ and closing above it at least on daily timeframe is mandatory here though, for putting some money on line...
$ATER Aterian Inc. Swingtrade chance. Pretty low risk, but very high reward in my opinion. The play here is a double bottom pattern, market has set up the bottom higher than it has in August. The price marked up intensely in August, after the bottom was in. One would stop out the current bottom, but give it a little room to breathe, Aterian is something else,...
ATER - We had a nice reversal into an impulse Wave 1 move from $3.04 -> $19.10 and since then, ATER has pulled back into it's W2 correction within this falling wedge. It is nearing the APEX (Nov 12 but could breakout anytime now). Current resistance is $6.89 and next support at $5.70 then $4.70. Keep an eye on this one as a break above $6.89 can send this...