ATI Long Swing on Relative Strength
This trade is great because you can see multiple levels of resistance that it can reach up to. When SPY recovers if this stock can maintain heavy volume on compression you could see an easy $2 winner here at least. The exit will likely be unclear as it rebounds off resistance once or twice and then drifts into a new trend.
Entry: $20.41
Exit on loss of relative strength or trend break.
Entry: $20.41
Exit on loss of relative strength or trend break.
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.