ATAIMS - Good risk/reward trade.
Updated
ATAIMS has a peak of 1.355 and gradually down to 1.21 and got supported at 1.250 without further sell down.
1) It is now breakout from recent downtrend.
2) Got chance to complete a AB=CD pattern at 1.64 level.
3) Good risk to reward ratio. Risk 9 sens for 35 sens gain or more.
4) ATAIMS is good fundamental company.
5) only draw back is vol is still low.
1) It is now breakout from recent downtrend.
2) Got chance to complete a AB=CD pattern at 1.64 level.
3) Good risk to reward ratio. Risk 9 sens for 35 sens gain or more.
4) ATAIMS is good fundamental company.
5) only draw back is vol is still low.
Note
+5sens to 1.33 now. :)Note
goes as high as 1.38 today.
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