This should finish up the 2nd leg of the cycle next week and might be a good investment at that time. I like the way the waves are so clearly defined.
The pennant pattern is starting to tighten, look for ATOS to test top trendline. If it breaks, could trend upwards to test first price target. The stop loss is set in the case it breaks the pattern.
ATOS has been trading sideways for the better part of a month showing little move in volume and no strong RSI pull to the bullish or bearish side. Recently it has exhibited an increase in volume that may be due to the recent arrival of their new scientific advisor Dr. Cal Novina. Moreover, on the 15th of November (Marked with an arrow) the CFO of the company, Guse...
in the weekly time frame we can see the 5 wave down trend completed and in the wave 5 we have ending diagonal with increase volume that show new up trend should be start soon, after break out the last minor peak we can open buy position and enjoy our profits
Low float, act in range and breaking out right now.
ATOS is in the middle of a strong downtrend. Look to the price action on lower trendline for a potential wave up. A strong breakdown under 0,5$ level can invalidate this setup.
ATOS would like to see a breakout with 200 MA test
AVL Perk bulls in on top of window support
As long as, window upper extreme holds, this maybe an opportunity on a bottom. Be conscious any fluctuation on the IBB will backfill window.
Let the window backfill, then i'm long. Revenue story.