The newly formed downtrend may be broken. $ATEN is coming back to its uptrend support.
$ATEN stays on an uptrend support.
This stock was brought to my attention to ascertain if it's a good purchase. Without researching the company and looking at the chart, I surmised that the best entry point now will be in between $8.20 & $8.40. Patience is its own reward.
Breaking out of an old channel which could also be read as a short term ascending triangle or a long term inverse head-and-shoulders. Looks like $10 is the next stop to me.
ATEN is showing a beautiful long set up. Bull flagging, RSI laddering. Use a tight stop loss. Two targets ahead. GL
ATEN seems forming a Flag formation. Moneyflow increased & showing upward potential. Looking very good as long. * Trade Criteria * Date First Found- February 16, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $9.74 Exit Target Criteria- $10.57 Stop Loss Criteria- $9.27 Please check back for Trade updates. (Note: Trade update is little...
great level of resistence for a break hard