ATGE: Adtalem Global Education Inc. 2022-03-01 09:00:00 Adtalem Plans $150M Accelerated Share Repurchase Program and Additional $300M Open Market Share Repurchase Program; Approximately $770M of Net Proceeds from Pending Financial Services Segment Divestiture will be used to Pay Down Debt
Description: ATGE is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $36.5 - $37.9 2. Take profit: $44.48 3. Stop Loss: $35.81 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 97%
Looks like a reversal. Go long on the pullback around 55% chance (opinion from exp) with 2 plus r/r
It's clear that that the stock tried to break the channel and move up but was forced to go back to the channel by some magical group of investors xD .. we'll go down skydiving let's see if we open on a gap down on Monday
Price finally broke resistance and has consolidated above 61.8% Fibonacci level - consolidating now for next leg higher. Like today's price action.