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        Was replying to friends and came across this chart after checking out a like notification. $ATI

        You guys might want to check out #Allegheny Technologies Inc.. At first I was looking to see if it could possibly dip back down to the $11.00 area. But hell, this stock reversed well below that even. Half of that @6.00.
        $ATI Inc(ATI.US)$

        The MAIN REASON for this post and taking an extra look at $ATI Inc(ATI.US)$ On the weekly chart you will see a recent drop in price action. But if you check the RSI it has been slightly improving. When these 2 indicators differ (price action down while RSI improves) can be a bullish signal.
          DAILY CHART
        $ATI Inc(ATI.US)$
        Was replying to friends and came across this chart after checking out a like notification. $ATI

        Now, just watch the price action to see what your personal opinion is. Are people buying in expecting a bullish run after a reversal OR are there a ton of wash trades being made to resemble a positive reaction? The latter scenario ultimately results in dropping the hammer on bullish thinkers? What does the community think about this? comment below my friends...

        Was replying to friends and came across this chart after checking out a like notification. $ATI
        Also momentum seems to slightly be improving. Imho, the money flow indicator recently bottomed out and headed back up. In balance volume has steadily improved and is holding current levels.

        On the negative, buying is sporadic currently with lots of red candles even tho price is improving. (I believe that this tactic is used so retail investors won't notice a stock improving until after smart money acquires their positions. I think that's where we are or just where.

        If this stock drops back to $11.00 area it would be a steal. I'm fairly confident the stock won't decrease to this level in a normal bearish run but instead by snap buying/setting a limit order and getting a lucky flash fill at this level. If this scenario would play out this way and you fill your limit order, I believe that would be a strong position to hold at those levels ✌️

        (How I would play this) budget= 100.00
        I would use 1/4 - 25.00 for my entry into position. Set limit order 11-12 area. Think of it like an insurance policy. Should it get filled, it would lead to an excellent position. If not, green is good with original position. This time last year I believe it dropped to under $7.00. I would use the remaining 1/4 = 25.00 for a limit order there as well, although unlikely to be filled. Another insurance policy.
        Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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