ATZ short-term pull back
Updated
ATZ breaking of daily timeframe trend line with bearish RSI divergence and increasing MACD histogram level.
Momentum to the downside will likely to drive price lower to $43 area (10% downside) and if that breaks next target around $36. If rebound from $43 then look to long again.
Fundamentals remain strong, but requires confirmation of ability to sail through excess inventory in the next earnings call
Momentum to the downside will likely to drive price lower to $43 area (10% downside) and if that breaks next target around $36. If rebound from $43 then look to long again.
Fundamentals remain strong, but requires confirmation of ability to sail through excess inventory in the next earnings call
Note
first target reached
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