ATI Inc.Long
ATI - Trend pullback
Updated
ATI is part of the XME sector and has stronger price action than the sector.
Perhaps some doubletop price action here after testing the earnings spike. However, with XME setting up to break higher, ATI looks to benefit with already strong price action.
G/G trend with RAF at extremes. 13/21 propulsion dots indicate strength trend.
Vscore support at this price level.
Look to establish aggressive position size trade in between 13 and 21 prop dots.
Buy @ 39.30
Profit @ 40.90
25% stop Loss
Option interest in thin for the 21Apr23 39 and 40 calls.
Look to buy 40Calls on pullback.
Perhaps some doubletop price action here after testing the earnings spike. However, with XME setting up to break higher, ATI looks to benefit with already strong price action.
G/G trend with RAF at extremes. 13/21 propulsion dots indicate strength trend.
Vscore support at this price level.
Look to establish aggressive position size trade in between 13 and 21 prop dots.
Buy @ 39.30
Profit @ 40.90
25% stop Loss
Option interest in thin for the 21Apr23 39 and 40 calls.
Look to buy 40Calls on pullback.
Order cancelled
Did not take, but prices hit profit target.
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