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.
Aterian Long Hold Trade
TECHNICAL RELEVANCE:
RSI Bounce From Oversold Levels
MACD Bullish Momentum On Long Term
Bullish Divergence With Price & Indicators
Increasing Volume Candles With A Recent Spike
Strong Breakout Having 100% Gains In One Week
Recovering Lost Value During USD Value Increase
Convergence With Trendlines To Ultimate Target
TARGETS:
$7.77 Magic...
$ATER has finally got its volume back and the shorts are backed into a corner.
This is a great entry for $ATER as it is poised to get back to it's $17-19 by end of October.
This stock has been getting a lot of clicks, mentions, upvotes, whatever you wanna call it....
HOWEVER, this is actually a very legit, undervalued, and significant company which connects...
