Its been a long road but were finally here, watching the 236 to see if we can get above and hold. Monthly alarm on level canceled and looking for a daily pullback.
Oil is mainstream newsworthy now, attracting all the spergs>> Invalidation would be simple, it breaks above the wedge. Target could be bottom of wedge, support highlighted green, or maybe even lower... but will go down that road if we are closer...
(6/1000) Bullish Pennant pattern for ATH on the Canadian market. Not confirmed yet. Pros: 1- PPS above 50MA and 200MA 2- RS above 0, but just a little 3- R/R ratio above 5 4- 250RSI above 50 but flat 5- 50MA above 200MA 6- Both 50MA and 200MA ascending 7- Golden cross circled in blue 8- Descending volume during flag forming 9- Volume during post forming 10- ATR...
ATH long here for a run back to the top. May pull back a bit harder here to the 50MA.
Just realized I never posted this one, went to update. 1/3rd sold here. Targets shown.
Will ATH break out its consolidation for continued upside? hopefully.
so basically i noticed a pattern on this stock everyone bought in and pumped the stock at open and later heading to end of day it fell down and this is repetitive expect a few 2 or 3 days but in general was this way am gonna see for tomorrow too and maybe later publish it, am not sure if am correct with what am doing still learning so any information or correction...
For Brad, lets see if this one returns to fill the gap and rallies. Great upside potential with wkly and daily MA's flipped. Lots of room to run.
Bullish Flag, confirmed (62PC) Pros: Volume during post formation Descending volume during flag formation Volume at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 9 200MA ascending 250RSI above 50 Target: PT = 0.70$ Help how ever you can to keep this alive. Thank you to those who have donated...
I had a couple of reply on ATH and i like this stock alot at this moment. So this is the update, we are still looking at a classic correction. If this wave break the top, this change the structure for a running flag. The trend is still up at the end, i just think you guys are very overbullish on oil. Trade at your own risk!
I would not buy ATH right now.. Trade at your own risk!
For and aggressive trader potential trend continuation play on ATH with two profit targets. If it fails may try re-entry at the 618.
Another canadian energy company setting up for a potential trend. Broke the recent few month downtrend. Once the price gets above 1.40 this could be a very strong trend.