Dec. 3 at 7:02 PM
$ATLX I feel like this is getting close to a buy, a lovely 5% pullback today.
Some of my thoughts:
Maybe it’s time to call it a day and just deploy more capital at the current price, but I feel like I’ve seen so many large sweeps and market manipulation on this ticker, that I think we’re likely to get down past
$5 before we rocket off to join the gains we’ve seen in the rest of the materials sector.
I want a higher low seen on the daily time frame (anywhere over
$4.05 would do it) and I’m hoping it comes in the form of a candle with a wick stretching maybe as far as the
$4.10-4.35 area.
That’s a 14% to 19% decrease (i.e 17-23% increase in shares per $) from the current price at time of writing, which is
$5.07.
Unfortunately no insider trading to report on and management is silent as always.
All in all, feeling bullish (but cautious). Top priority is being on the lookout to deploy at that higher low.
