$ATI has many of the elements to send it higher: RS, Shakeout, tightening, Pivot + downtrend confluence, volume dry-up, OBV NHBP Focus next week.
I've watched $ATI wedge up back to its 50 MA the last few days and today's action corrected that wedging action and improved the setup. Price needs to hold around these levels and start making its way back to capture that 50 MA. Interesting setup to watch.
sell ▪️dlinaya uzkaya protorgovka ▪️probitie silnim barom ▪️AO v zone ......
.................... sell ▪️dlinaya uzkaya protorgovka ▪️probitie silnim barom ▪️3 bara protiv trenda - razvorot ▪️AO v zone ...................
$ATI is now looking even better than it looked last week. Focus for next week.
This trade is great because you can see multiple levels of resistance that it can reach up to. When SPY recovers if this stock can maintain heavy volume on compression you could see an easy $2 winner here at least. The exit will likely be unclear as it rebounds off resistance once or twice and then drifts into a new trend. Entry: $20.41 Exit on loss of relative...
ATI STOCK started to move the moment we broke the resistant , now we have to hold above our SP above the 16.97$ to confirm the bullish momentum and go to our PT at :18.07/19.20/22+.
Price emerging strongly from the Demand Zone . Provides good Risk Reward trade.
Huge level....breakout or breakdown?
Potential gain:25% Reward/Risk:4 Timeframe: 1-3 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to...
long on ATI at 17.60, SL 15.90... This is a little bigger than the typical 8% SL, so size accordingly
NYSE:ATI Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High-Performance Materials & Components, and Advanced Alloys & Solutions. The company produces high-performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and...
ATI looks like it will break out with a lot of upside.
Watch ATI on daily. Holds the support line, ready to breakout - daily candle closed above VWAP. 1st target 20.5, 2nd target is 23