Atai up for swing Swing trade ready to be surf! Will reach 3.87 and than could raise again till 4.50 as Atai did it before. Trade safely with the momentum indicators... Watch the volume. Be concious that those ventures are dangerous in the opening : gapa, gap, gap! Don't get burn wiih you first entry : don't trade all your money ...
ATAI/N trade ideas
ATAI - @ 3.45 MORNING PANIC @ 3.45 Biggest gainer 2nd day in a row I will be watching and waiting for this to have a really good cliff hanger with it up being up so much this is a definite supernova on a tech stock. Though I feel it is extremely overextended, also note that last time it pumped like this it only lasted 2 days and opened below day of high and in my observations closing so strong like this on a very steep so no overnight play here. Rather I will be watching for a panic, no panic no play 10-20% bounce
will only buy the bounce if I see the volume coming in on the 1st -2nd green candle
Missed My OpportunitySo I have been practicing this pattern since I spotted it, and so far I am 100 % on this pattern alone. I call it The bat (although it could be called something else by "professionals" LOL). When I see a stock like this, I do not jump in when it is already high. I wait for the dip. The first turnaround is normally a fake out. The second turnaround may offer some real support. Mark that support, and use it as a possible entering point. I normally don't jump in on the first real support. I let it spike and come back down again so I can test the support I marked. If it hits it again, my interest increases. Normally I enter the third time it hits the designated support level, as it could surpass previous resistance. Normally it does, before it falls back down again. Just a little something I picked up a long the way because I want us all to be successful traders. This pattern happens almost everyday, all you have to do is wait. Good luck out there guys.
Preliminary Agreements For Acquisition - Weekly Interval - ATAIHello Successful Traders,
The stock (ATAI) has presented a modest growth in price value throughout the last couple of hours. The overall trend of the equity (stock) appears to be negative (considering since Mid 2011). There has been an immense consolidation between price levels (7.00 - 2.00). Be cautious prior to entering such a volatile market.
Resistance Level 2 - (13.35 - 13.65) 30 cent interval
Resistance Level 1 - (7.20 - 7.45) 25 cent interval
Key Price Zone - (3.20 - 3.45) 25 cent interval
Support Level 1 - (0.70 - 0.95) 25 cent interval
Furthermore, the stock has none-the-less broken-through previous consolidation levels. (Can Be a False Breakout).
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate