ATAIMS - Good risk/reward trade.
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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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.