Nov. 21 at 4:09 AM
$ATMU: The current market context shows a last close at
$46.7, with an RSI of 55.93 indicating neutral momentum, suggesting potential for upward movement but not overbought. The 30-day moving average (MA30) at
$46.1 and the 50-day moving average (MA50) at
$45.74 indicate a bullish trend as the price is above both MAs. The 60-day high of
$51.84 provides a resistance target, while the low of
$42.6 offers a support level.
Directional bias is bullish due to the price being above key moving averages and the RSI suggesting room for growth.
Suggested entry:
$46.8, just above the last close to confirm upward momentum.
Stop loss:
$45.5, below the MA50 for protection against downside risk.
Targets:
$50.0 (near resistance) and
$51.0 (testing the 60D high).
Monitor for any changes in momentum or market conditions.
https://privateprofiteers.com
