tribe84

tribe84

1 hour chart shows a couple of divergent factors. If you look at the pullback from the big move yesterday, it sits nicely at a 0.5 Fib retracement. We also have the price bouncing from the yellow support line and RSI oversold. I anticipate the stock to climb tomorrow.

tribe84

Over the last 4 weeks we find some consolidation between value area 6.80 and 8.05 with control price around $7.38 (more visible on 2 and 4 hour charts). We find strong volume supporting the price when it drops below lower value ($6.80). If volume remains we could have a nice move towards 7.30 over the next 2-3 days barring no bad news. Any catalyst should propel...

tribe84 Updated 

2 hour chart showing the value area between 2.80 and 2.12. Control/Target price of 2.50 which price has been gravitating towards for a couple of cycles. 2.80 is showing some strong resistance, and price has been kicked up from around 2.10 with big volume. Stock is currently slightly oversold on Stoch RSI.

tribe84 Updated 

Looking at chart, we could see a confluence of factors coming together. $KTOS is moving back into the value range (blue lines). It is set to break 20 and 50 MA and has seen an increase of volume over the last few days. The middle line show the control value or the value that price action has been gravitating towards over the past few months (yellow circles)....

tribe84 Updated 

Mapped out support and resistance at 2 levels (bigger and smaller). It's reaching the bottom edge of both the smaller and larger up trend. Volume is needed since failure to bounce could be a signal of a down trend.

tribe84

ATRO is reaching the bottom of it's value range (around 30.50). Previously we have found stong volume and support when price drops below value range. Over the last couple of months, the price has been gravitating towards the 35.30 mark which is my control/target price. Last move down was triggered by bullish break of MA20 and MA50 price. Stochastic RSI is...