longater looking to pop soon
long term down trend with a short period squeeze into a downward falling wedge to usher in the reversal plus a harmonic
ATER trade ideas
$ATER ATERIAN INC is going to shoot back up to the $10 levelStock is set to shoot up again, just look at the APX on the charts DI DX levels are raising which means this is set to short squeeze again.
$ATER has broken out and is rdy for lift off! - GREAT ENTRY $ATER has finally got its volume back and the shorts are backed into a corner.
This is a great entry for $ATER as it is poised to get back to it's $17-19 by end of October.
This stock has been getting a lot of clicks, mentions, upvotes, whatever you wanna call it....
HOWEVER, this is actually a very legit, undervalued, and significant company which connects publishers, content creators and influencers (affiliates) with leading Amazon sellers who offer bonuses to the affiliates. Aterian also is a leading technology-enabled consumer products platform that builds, acquires, and partners with best-in-class e-commerce brands by harnessing proprietary software and an agile supply chain to create top selling consumer products.
There is no chance this thing goes any lower.
ATER BIGGEST BREAKOUT IN HISTORY?I potentially see one of the biggest breakouts in the history of all stocks????? Look at what I am seeing.
Sling Short Huge Rally for ATER STOCKHuge rally about to happen for ATER to much demand at the low prices we see.
LONGMACD looking to cross over. Bullish. Selling seems to be weakening.
May be a good entry for a run back up!
Must break $9.15 before huge run.
stewie da geniusanother idea from @traderstewie <3
i see cups and handles so i have at the money call options for a month out
ATER heading back to $20?Not a financial advisor.
ATER has recently pulled back after seeing movement back to the $18ish area. (Extended Hours)
I previously stated that I have a price target of $25. I believe we have the potential to see that fairly soon.
If we manage to get over the 50 MA on the daily, see a little retest of breaking past that, we should see the movement coming to bring us to that $20 area.
So if we can get ATER to run close to that 13.08 fib then retrace creating divergence for an up coming bounce off the 50 MA around 12.14 area. That should give us enough pop off momentum to get back to that $17 range. From there I would think we would need a little extra cool off to gain the power to retest / breakthrough that $20 resistance.
Higher timeframes have more room. Just calling it how I see things unfolding. Chime in with your thoughts, always great hearing others voice their thoughts.
ATER consolidationa lot of volume. also in the consolidation a lot of money to be made but when it can break out with this momentum the bullish trend can proceed next week or the week after. have to wait and see what will happen but i am not bearish at all. please do your own due dilligance and share your ideas or comment.
ATER support level and potential reversalSummary about the Aterian Inc - ATER (previously known as MWK):
is a consumer product platform, experts at scaling brands growing more efficient by creating consumer products that respond to needs expressed by shoppers, using data and machine learning to understand the customer journey.
Today, our they have more than 2,000 products, supported by AIMEE™, their Commerce Operating System, and over 220 employees across the globe.
Technical analysis Summary:
ATER downtrend (meltdown) started in Feb 17 and continued for almost 130 trading sessions, where the company prices dropped over 90% during the period.
The total volumes during this prolonged period were over 155M shares.
On August 23, the company started a reversal after scoring what we know now to be the bottom (future might show otherwise); and following that, a positive uptrend started forming.
During recent bull run, which took 15 trading sessions, the share prices have grown over 440% with volumes exceeding 800M shares.
That run was faced by a correction that led to the company hitting 9.2, which this post is built on as a potential reversal for the assumption of a continued bull run.
TA Details:
As can be seen from the chart, ATER managed to break the lengthy major downtrend after hitting the bottom at 3.11. This was followed by a bull run combined with huge volumes, which indicates major entry at such levels, strengthening the view and position of the bottom.
This run was strong enough to break 13.94, as a major point part of the overall correction since Feb 17, however that didn’t last for long. After hitting 19.1, price swings and huge volumes, indicating a heated competition between buyers and sellers for control of ATER pricing.
Looking at the retracement from 19.1 to 9.14, we can see the share price playing within the range and volumes are massively dropping with major price discounts. Thus far within 12 trading sessions volumes are around 900M which is mainly driven by fierce daily trading.
I see the range between 9.95 – 9.1 as a potential reversal range with three that was tested thus far on four different sessions and managed to protect the downsize, specifically with current low volumes on daily sessions.
Breaking 9.0 with volumes would indicate the best next support level would be around 7.0-6.7; should that happen on a quick note and followed by massive reversal, I would say this is heading towards testing the local downtrend (dotted great line).
Disclaimer:
TA is not meant to be used alone for making investments decisions, and this is not financial advice. Personally, I'm invested in ATER for a long term potential before the events of this analysis occur. Don't trust, validate and make sure you control your money decisions, not some strangers on the internet.
alter : goods signals to enterafter a bearish trend in daily, alter is in his way to change this trend.
to confirm this , we wait for :
the break by the price the SSB (12,34) : it happen at this moment
the release of the kijun from the cloud, actually he is on flat level at 11,07.
the cross the cloud by chinkou (11,73 yesterday).
ATER volume pushATER has popped with volume,
as the price made a lower high, the OBV made a higher high, suggesting strong buys.
A bullish divergence on OBV.
ATER - Not a memeIf you're into fundamentals, have a look into ATER. At 0.5b market cap the risk/reward long term at these prices is good. I would LOVE it if this came back below 8. Below 5 and I'd strongly consider going all in. Unfortunately, I don't think it's likely to get there. Would definitely scale in below $10 if the chart remains constructive.
Using 1m AVD data. Is that a rocket?
$30 final technical target.
ATER USER MALFUNCTIONIt would appear the handle has broken?
Or maybe the repititon of the cup and handle to a smaller cup and handle?
Until it breaks support (purple line)
I Aint Leaving.
This is not financial advice.
ATER CONTINUATION OF HANDLEATER CONTINUATION OF HANDLE
Slowly but surely, moving a tad slower then I thought. but on its path.
ATERNot a financial advisor.
ATER is setting up beautifully.
4 hour chart heading into Wednesday could be a great swing.
I do believe we will be retesting $20 very soon. I have a price target for $25 personally. (not for wednesday, but it very well could if volume rockets)
for instance, if we see another 200+ million volume day tomorrow, I like the odds then.
Moving averages about to golden cross on the 4hr.
MACD crossing bullish now
RSI is at 57 - room to boom.
GLTA!
Momentum is kicking up, and I expect it to really come full force this week.
$ATER entry PT 11-11.35 Target PTs 23-43 and higherAterian, Inc., together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. It provides Artificial Intelligence Mohawk e-Commerce Engine, a software technology platform, which uses machine learning, natural language processing, and data analytics to design, develop, market, and sell products. The company's platform provides home and kitchen appliances; kitchenware, heating, cooling, and health and beauty products; and air quality appliances, such as dehumidifiers, humidifiers, and air conditioners under the hOmeLabs, Vremi, Xtava, RIF6, Aussie Health, Holonix, Truweo, Mueller, Pursteam, Pohl and Schmitt, and Spiralizer brands. It also sells essential oils. The company primarily serves individual online consumers through Amazon and other e-commerce platforms, as well as through its owned and operated websites and other marketplaces. The company was formerly known as Mohawk Group Holdings, Inc. and changes its name to Aterian, Inc. in April 2021. Aterian, Inc. was founded in 2014 and is headquartered in New York, New York.
ATERtrend Reversal taking place. The stock closed really nicely. It could explode higher over 11.97. keep on watch.
