A price action above 113.00 supports a bullish trend direction.
Increase long exposure for a break above 116.00.
The target price is set at 119.00 (its 78.6% Fibonacci retracement level).
The stop-loss price is set at 111.00 (just above its 38.2% retracement).
An ascending wedge pattern seems to be developing.
Remains a risky trade.
I am monitoring a pair trade in XLU.
Long ATO
Short WEC
The overall XLU is looking weak but is heavily skewed. There's pockets of strength potentially setting up in some individual names.
The PEAD projected a bullish outlook for $ATO after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.
The PEAD projected a Bullish outlook for $ATO after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
A price action above 115.50 supports a bullish trend direction.
Further trend support above 117.00.
Consolidation range from 117.00 to 118.50.
Crossing above 118.50 might set the target of 121.50, which is the upper range of the Bollinger Bands.
Crossing below 117.00 will be the first sign of pending weakness.
Remains above its 200-day simple moving average.
The PEAD projected a Neutral outlook for $ATO after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $114.25
Target Price: $116.05
Stop Loss: $111.24
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $113.85
Target Price: $115.35
Stop Loss: $111.28
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 15, 2021 with a closing price of...
Atmos trading below 200ema and 50ema
Price target lowered to 110 from 113 by JP morgan. Currently trading at 89.
Looking at a massive 20% upside in the next few weeks.
Plan, get filled for 100c 4/16. tier out on resistance lines.
2020 2019
Net income $ 217,678 $ 178,673
(Form10-Q fillings)
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About 70% of its earnings come from Texas, where it distributes natural gas in northern Texas, including Dallas, and has a...
Hey my freinds, ATMOS ENERGY CORP is in a bearish fake dynamic with a trace made of sellers and a return of buying volume. On the TIMEFRAME M1 we see a hammer candle with a large volume of sales exchanged it made a rebound on the VWAP. It goes on the top of the stabilization zone to test this one with a strong potential to breakout the price. At the same time...
$ATO has been projected with a bullish outlook after earnings negative under reaction placing the stock in Drift D.
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