3SOF

TA wise, what else is there to say??? ATI once gain broke to an all time high.  This weeks action probably scared a few short term traders (me included), but thursday's intraday action made a nice ascending triangle, and then ATI gapped up today and had a very strong day (along with the markets).

The solid uptrend continues, and I wouldn't be surprised to see $120 next week at this rate.

After the recent pullback to $105, ATI has found channel support and continues to ride that channel.  Yesterday was a great little breakout candle, and I think ATI should be back up above $115 shortly.  May take a little jostling to get over resistance between $113 and 115 though.

M&A rumors surfaced today with price above $130/sh
http://tradethenews.com/symbol_history.asp

Strong volume on news

Option Volume sky rocketed

Conference Call in 15 days

May reverse bearish behavior of late--Still a buy in my book.

Dipped to $80 bucks on 8/16/07 and now is back to $97 bucks four trading days later. 

2 recent upgrades to STRONG BUY.

Fundamentals still great for this stock.

52 week High in May of 2007 at $120 bucks. 

Thanx for you posts Metal head, I read them!  I have liked ATI since 46.  Currently it seem like all the metal sector is cooling off.  With a possible bear market and these rallying on weeker volume i am tempted to short if it hits the 200ma..  thoughts on why the metals have cooled off?
MT, X, LMC all with similar charts... appear to be rolling over
time will tell
keep up the great posts.  I hope that you grabbed some int he 80's
cheers joe