CARDTRONICS PLC NASDAQ:​CATM

Interesting opportunity at CATM with a risk reward ratio of about 3:1. CATM showing a bullish stochastic cross today at support level. Short float is at 15.8 % - might lead to some upside momentum in case they start covering

https://www.marketwatch.com/story/cardtronics-stock-rallies-as-company-tops-views-2018-08-02?siteid=yhoof2&yptr=yahoo https://finance.yahoo.com/news/cardtronics-announces-second-quarter-2018-200500721.html https://finviz.com/quote.ashx?t=CATM&ty=c&p=d&b=1

The price broke above SMA200 and Hudson Executive Capital LP purchased over $22 million worth of stocks

CATM had a huge decline & now seems getting upward momentum. It seems broken out from a short-term downward channel. It has good volume & strong money flow index. We think it will continue upward from here. * Trade Criteria * Date First Found- March 7, 2018 Pattern/Why- Downward channel breakout long. Entry Criteria- From Current price ($26.49) (Hit March 8, ...

CATM has formed a declining double top on the hourly thru daily charts. indicators on those charts support further declines. Higher time frame charts are mixed. This is a short term play with 2 RRR.

CATM was a low-dollar Fast Ball Expansion-of-range-and-volume setup on the proprietary scanner at TraderInsight.com. The plan was to capture .40 in a quick move below the Thursday low. But an early move through the central pivot, followed by a fib retracement and collapse to 17.40 generated a $2 winner in this sub-$20 stock. See the logic behind the trade ...

CATM

NASDAQ:CATM is set to rebound to ~$47 or ~$49 as the hourly chart is in a pennant with RSI rising. I will buy the break up.

Looking for continuation play

I consider buying see also the weekly chart

let's have a look on the daily chart, too weekly chart looks bullish