I expect the continuation of the corrective wave C.
Sell signal+ bearish divergence.
Short
The chart is again above pivot point. 32 can use like stop line.
To hold a long position all the time until the chart is inside the cloud.
A similar pattern may indicate a similar result.
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.
and confirmed.
The correction is completed.
Mode building still in process.. I would wait for a new extreme outside the current range to avoid whipsaws
Analysis on chart
But I know where to put the stop. When the stop is so close...It's always a good opportunity to open a position.
Negative signals become more and more.
ATI purking up on the chart here.. . getting in 1/4 position.
one of my barometer stocks holding the 200
This to me was one of the bellweathers of last 52 weeks.. if this is cracking, then things are about to get worse ..
ATI > 42.66
