Going by the chart, ATM is moving in ABCDE pattern and what looks like it has already touched point E.
From here on ATM should Spike up soon. Currently it is trading at $19.1 which is best position to go LONG.
Potential targets are $21.485 with around 13% profit and $22.626 with 19.5% profits.
Keep your stop loss at the swing low at $18.557
If you like my...
SNAP held it ground yesterday, ending the day up in good volume in a terrible market. This confirms that the stock is heavily shorted (c. 30%) and has a limited propensity to fall further from here. It also augurs well ahead of earnings, but is no guarantee of performance as the stock has proven to be extremely volatile, especially around company releases.
In...
