It seems like ATOS Atossa Therapeutics is forming a Head and Shoulders Chart Pattern with a short term price target of 6.8usd but also a downside afterwards till $4.
I`m looking forward to read your opinion about it.
If the entire market doesn't take a shit, I do think ATOS could play out this bullish formation. Broke the downtrend and retested it to perfection, now looks primed to pop up. I have put in some orders with a very tight stop loss in case the price goes south.
Not surprised that we fell hard after breaking the uptrend (green line) at $8, retested the line at $8.40 to perfection and then fell about 35% to current prices.
What surprises me more is that the $5.66 support didn't hold and is now acting as a resistance zone. If we do break this mini resistance, I have no doubt that we will test the $6.60 fib region again....
NASDAQ:ATOS
This is my idea, whatever works for you pick it.
I have no position, Neutral, observer.
* This chart is for entertainment, fantasy, obviously it's not a BUY/SELL/HOLD signal, it's 100% wrong!, LOL
- Bearish Divergence on the RSI -> Possible downside into 3$ Range
- Shorts will drive Price down for another Accumulation phase -> until Markup Phase
- Gap at 7$ -> will be closed in Markup Phase
NASDAQ:ATOS
This is not a temporary pattern and I expect weeks or months of decline before any fundamental news release.
Possible Scenario: SHORT
Evidence : Bearish price action, Head and Shoulder Pattern
TP1: 4.50 TO 4.60 as buy zone
TP2: 3.20 TO 3.30 as buy zone, strong support, most of the HF accumulated at this range for 2 weeks.
It's in distribution phase...
$ATOS Target 8.00 for 29.03%
Or double position at 4.40
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before...
NASDAQ:ATOS
LONG TERM I'm 100% Bullish, this is a possibility for 1 week
Possible Scenario: SHORT
Evidence: Price action
I expect a healthy correction, just temporary, before 28th June. and then it will bounce up to 12+ before July 16.
* It's my idea and could be wrong 100%
NASDAQ:ATOS
It looks bullish to me, we have a gap above 5.80,
Possible Scenario: Long
Evidence: Price Action, smart money activities, Solid Fundamentals and Russel 2000 Inclusion
Call options, Strike 12$, 07/16/21
Call options, Strike 9$, 07/16/21
TP1 : 6.10
TP2: 7.30
TP3: 9.5
TP4: 18
*This is my idea and could be wrong 100%
Scalping Atossa today; decent volume and sharp, condensed swings here. It's near it's near term ceiling IMO, will prob gap fill around $9 and retreat. Otherwise, still some calm support at $8.50ish handle atm. 🤙🏽
trading well on the 30s:
This is familiar territory with ATOS . Not only is there a very clear and significant support level on the chart, there's also a multi-year level of resistance the ATOS is sitting at right now. The biggest question is Now What?
" Earlier this month, Atossa revealed data from a Phase 2 Endoxifen study in breast cancer. It met primary and secondary endpoints. The...
ICKER CODE: ATOS
Company Name: ATOSSA THERAPEUTICS, INC
Industry: US Stocks Health Technology Medical Specialties
Position Proposed: BUY
FOMO BUY ENTRY: NOW READY (4.00-5.20)
NEXT BUY ENTRY: (2,65 - 3.35)
1st Partial Take Profit: 140.00 (Mid 2022)
2nd Partial Take Profit: 200.00 (Mid 2024)
3RD Partial Take Profit: 320.00 (2027)
1st PARTIAL SHORT TERM TP:...
This is a very interesting level for ATOS right now. The last two times before this most recent instance the stock failed to break through and hold this level. It was able to do that briefly this year but unsustainable. After consolidating this last time around, what's the catalyst to actually spark a firm move? I think a lot will come down to the next steps for...
