Price has left the down channel which has been contained for quite some time on this Weekly chart This could be the beginning of a new bull move Its best to look at this on a Monthly chart to assess whether this bull move will continue
NYSE:ATI breakout with a decent amount of volume, and encouraging relative strength.
ATI STOCK started to move the moment we broke the resistant , now we have to hold above our SP above the 16.97$ to confirm the bullish momentum and go to our PT at :18.07/19.20/22+.
Potential gain:25% Reward/Risk:4 Timeframe: 1-3 months I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Please review my track record and calculate the odds for yourself..! You’re likes and comments encourage me to...
NYSE:ATI Allegheny Technologies Incorporated manufactures and sells specialty materials and components worldwide. The company operates in two segments, High-Performance Materials & Components, and Advanced Alloys & Solutions. The company produces high-performance materials, including titanium and titanium-based alloys; nickel-and cobalt-based alloys and...
Bullish divergence forming on NVIDIA that is holding the lower 2020 channel. Can trace back and then bounce over, especially in case of good news or market recover. The idea is invalidated if NVIDIA break lower channel or in case of another market crash. The idea will trigger when the momentum accumulating will be released, hopefully in the bullish...
a break above $28 my long targets will be 34.18, 45.70 and 66.65 Rejection at $28 my short targets will be 21.70, 18,70 and 15.32 Bearish RSI Divergence at the top of the channel so watch it if your holding