I believe that ATEC might have an upward reversal for a profit of a dollar per share. $6.50 is a key level of support for this stock. Currently, it is at this level and showing signs of a reversal. Wait for a small breakout ten to twenty cents would probably work. NASDAQ:ATEC
Biotech company. Most don't care but wave count looks good to me. Great bullish divergence in the weekly RSI. Good increase in volume at "C" (see weekly). For me the target if it breaks up is around 8-13. May still see one more drop to the .62 level on the daily. Some may want to wait til down trend line broken.
Process your way.
Chart looks a little over extended and did not could break resistance well at eod. I think there could be a pullback on this and if it breaks 0.39 I feel it could drop below 0.35.
I will short straight out the gate with my risk being 0.45/0.46 and if it drops straight away will look at taking profit at 0.35 or below for a 16% gain or above depending how well the...