ATER - We had a nice reversal into an impulse Wave 1 move from $3.04 -> $19.10 and since then, ATER has pulled back into it's W2 correction within this falling wedge. It is nearing the APEX (Nov 12 but could breakout anytime now). Current resistance is $6.89 and next support at $5.70 then $4.70.
Keep an eye on this one as a break above $6.89 can send this straight towards $6.89 and potentially $8.24. We're now waiting to see that impulse move for a micro W1 to begin what is expected to be a minor W3 towards $21.
$3.04 is the W1 low and is the invalidation level. If ATER breaks below this, the pattern and wave count is broken.
ATER still has an extreme high short float at 55.43% according to Finviz
Keep an eye on this one as a break above $6.89 can send this straight towards $6.89 and potentially $8.24. We're now waiting to see that impulse move for a micro W1 to begin what is expected to be a minor W3 towards $21.
$3.04 is the W1 low and is the invalidation level. If ATER breaks below this, the pattern and wave count is broken.
ATER still has an extreme high short float at 55.43% according to Finviz
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.