a break above $28 my long targets will be 34.18, 45.70 and 66.65 Rejection at $28 my short targets will be 21.70, 18,70 and 15.32 Bearish RSI Divergence at the top of the channel so watch it if your holding
ATI is looking bullish on the daily chart, as the MACD has crossed over on higher bullish volume, as of 5/19/217. Based the chart pattern, it looks ATI is attempting to break through the .236 FibR on higher volume, this is the second day with a close above the 9dma. Would like to see more bullish volume to take it the .382 FibR at $17.69 for a 5% gain. Although...
they beat earnings last 2 reports. good time to take a position , i think ff what you all think
Allegheny Technologies Incorporated is one of the largest and most diversified producers of specialty materials in the world. The company's talented people use innovative technologies to offer growing global markets a wide range of specialty materials including stainless steel, nickel-based and cobalt-based alloys and superalloys, titanium and titanium alloys,...
After experiencing a significant pullback ATI has fallen in volatility. ATI is now finding holding itself at a well validated support line within an uptrending channel. The MACD and signal lines are also entwining around one another at a level which corresponded at the previous structure lows. Out of the potentially bullish outcomes, the price may experience...
trend line.
I expect the continuation of the corrective wave C.
22 day balance period has detached on high participation in search of new value.. Move could be swift to $40 as no relevant resistance seems to be in the way before then.
The nearest resistance is far enough.
Mode building still in process.. I would wait for a new extreme outside the current range to avoid whipsaws