Long
ATS.TO Emerging From Base in Uptrend
The stock is in a long-term uptrend. It pulled back and found support near $19 on multiple attempts to move lower. With some recent strength, there is the potential for the uptrend to continue.
Decent reward to risk. If we don't see follow-through strength in the next couple days, the pullback choppiness will continue until we get a definitive break, preferably on increased volume.
Disclosure: long.
Decent reward to risk. If we don't see follow-through strength in the next couple days, the pullback choppiness will continue until we get a definitive break, preferably on increased volume.
Disclosure: long.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.