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ATML - Sector: Technology - Industry: Semiconductors

Started by bebu, June 09, 2005, 03:13:51 PM

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beroznikmal

This stock is really Bullish, Now how do we get David to provide some coverage or insight on this stock.  seem to me that this stock may have some resistance at $5.04. the current TL that it is riding on seem to be very steap and it might fall down on to the lower TL.

David, if you read this, I would appreciate some insiight..

Below are some charts that I find useful.....
Thanks
Beroz
Up and down it goes, where it ends nobody knows....Or do we.....;)

ScottishTrader

Hey guys, 

Might be a good time to have another look at ATML - very nice bullish chart pattern - after significant gains ATML showed a pull-back throughout december and then resumed its bullish uptrend, peaking just over $5.  Since the middle of Feb, it has been in pullback mode, but may have bottomed at $4.25 (tested this low the last 3 days), and made a small but crucial white candle friday.  Could this be the beginning of the new uptrend?  I see ascending support coming in just below $4.20, and there should be solid long term support at $4 (see 3 yr chart).  50MA also looks to be supporting the uptrend.  If the last 2 up-legs are anything to go by, a possible target for the next up-trending leg could be around $6, but I would watch for resistance at around $4.75 and of course, recent highs just over $5.

P.S.  I'm in at 4.36 on Fri

beroznikmal

Glad ATML is receiving coverage by someone.. I have been holiding since David bought for the fast  stokcs on fire... I belive the trend line wias tested and we will see positive numbers :P >:D
Up and down it goes, where it ends nobody knows....Or do we.....;)

ScottishTrader

Another white candle for ATML - not much but does look to be turning around, and hopefully we have found a bottom here.  MACD is starting to flatten and the MACD histo is moving towards the centre line, RSI has ticked up and is approaching 50, and the -DI on the ADX has taken a turn south, indiacing that selling pressure has weakened.  Now all we need is for the4 buying pressure to cick in.

Now all I would like to see is a bit more volume and higher highs.  There is a small open gap at 4.50 which ATML topped out at today, but hopefully this can get taken out shortly.  Next resistance above that is at 4.75, hopefully we will see that level this week.

beroznikmal

I have positive feelings about the action today especially when the SMH and $sox were both in red... I have no doubt that we will see a new high soon.... >:D
Up and down it goes, where it ends nobody knows....Or do we.....;)

ScottishTrader

Another positive day for ATML - again topped out at 4.50 resistance, but closed well at 4.49.  Hopefully we will see this resistance cleared tomorrow.  Am more confident that this reversal is in, but would also like to see it clear descending resistance around 4.60.

beroznikmal

#51
Looks like ATML might have broken thru the short term resistance, hopefully tomorrow we will see a bullish confirmation and up and away it might go...

short and long term chart below...

Cheers
B
Up and down it goes, where it ends nobody knows....Or do we.....;)

beroznikmal

ATML is steadily moving up on healthy volume.... Lets see what she closes at....

B
Up and down it goes, where it ends nobody knows....Or do we.....;)

Terliso

Nice going on ATML... took out the BULLISH FLAG FORMATION, the funny thing here is the same angle as the first flag.. ;)

Terliso

#54
Nice day, another up day for ATML... It really now confirms the bullish flag breakout formation ;)

Terliso

Updating this thread:

Re-post from Ascending Triangles - Gotta love 'em!:
You might wanna put ATML on ur stock list this week ;)
Ascending Triangle is about to break on ATML, indicators showing a bullish signs.

Also ATML has taken out the minor resistance @ $4.80 on Weekly Solid Line

Goodluck!!

Melf Elf

Alister,

Nice work on ATML.  Applause.

mexirafa

I think I'll buy after it breaks the 5.10 area. Nice volume today!!
" It is  always profitable to study our own mistakes"

Terliso

#58
Quote from: mexirafa on April 04, 2006, 03:08:47 PM
I think I'll buy after it breaks the 5.10 area. Nice volume today!!

Medium Term resistance is @ $5.05 on Daily Chart Solid Line
*** Weekly Chart is already a breakout @ $4.80 (Solid Line)

Goodluck!!

Terliso

All i can is... Nice run for ATML!! :D...  the breakout of $4.80 on the Weekly SOLID LINE was the best entry point right there ;)