ATI

[Melf Elf]

EDIT: Sorry, it's 101.18 that's IN PLAY.

Joe,

Sorry, I'm moving too fast this morning.  Let me try this again. 

103.24 is IN PLAY from last Thursday's breakout.

101.18 will be IN PLAY if ATI prints 93.15, which would be the W-Bottom breakout.

[metal head]

Solid news again today. 

$2 billion dollar LTA signed with GE over the nxt 5 years

4th quarter news this week also.

Hope we finish over $93.15 today per Melf Elf's TA.

I think this adds up to $100+ very soon!

Joe - Sorry, I don't follow the Zinic market.  I primarly focus on Steel and Specality Alloy companys since that's my knowledge base. 

http://biz.yahoo.com/ap/070122/allegheny_technologies_contract.html?.v=1

[Melf Elf]

Hope we finish over $93.15 today per Melf Elf's TA.

I think this adds up to $100+ very soon!

Metal Head and Joe,

They knocked ATI down over $3 at the open this morning, on earnings, but it's come roaring back, and now is UP almost $3, at $97, heading toward the targets IN PLAY.

What a monster! 

[joet]

    Kudos to you both, ATI great earnings and great prospects!!  Melf You are going to laugh at my dumb luck, for 3 days i have had a buy order in at 92.00 and figured that i missed ATI AGAIN  then today it opened low, my order filled and i am now the proud owner of 22 shares of ATI.

Now my dilemma,  the reason that i bought was the technical pattern that you pointed out here, the W with a Target around  $102   With todays monster move momentum could well hit that target in the next few days... to hold or sell into the strength??  the trader in me says sell the target if i get it because that is why i entered the trade...  too bad it is such a small position, not really worth selling half.  in the best case we get another monster move up and i am able to put in a stop limit around 100 that does not get filled

Hmm  all of the prospects that metal head talks about make the investor side of me say just sit on it.... but it is voltile and it would be nice to trade the dips... hmmmm
PS I really like ONT here
Cheers Joe

[Melf Elf]

for 3 days i have had a buy order in at 92.00 and figured that i missed ATI AGAIN  then today it opened low, my order filled and i am now the proud owner of 22 shares of ATI.

Joe,

Hey, that's great!  Congratulations.  Good luck with your decision whether to hold or sell.

I think this adds up to $100+ very soon!

Metal Head,

Yesterday's high was your 100.00 exactly.   

[Melf Elf]

[EDIT: Sorry, it's 101.18 that's IN PLAY.


Joe,

Sorry, I'm moving too fast this morning.  Let me try this again. 

103.24 is IN PLAY from last Thursday's breakout.


101.18 will be IN PLAY if ATI prints 93.15, which would be the W-Bottom breakout.

101.18 MADE.

[joet]

101.18 made and i am still holding....  cheers joe

[metal head]

Another strong finish today!  Up $3

Citigroup raises target price

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070125:MTFH75345_2007-01-25_14-21-12_BNG46415&type=comktNews&rpc=44

Earnings Soar Higher per 4th quarter conference.

http://www.marketwatch.com/news/story/allegheny-profit-surges-aerospace-demand/story.aspx?guid=%7B6512732A%2D1C60%2D4820%2D989B%2D95EC7FAD60A9%7D&siteid=yhoo&dist=yhoo

Added Titanium Capacity just now coming into play.....another strong year for this one. 

Nice buy on the dip Joe!

[Melf Elf]

103.24 is IN PLAY from last Thursday's breakout.

101.18 will be IN PLAY if ATI prints 93.15, which would be the W-Bottom breakout.

103.24 MADE.

[metal head]

Up $4.63 today (4.5%), on nice volume.

Competitor, RTI to announce earnings this Friday.  (Should be strong #'s to support the special metals industry).

[ScottishTrader]

ATI just made a new all-time high for the stock.  The candle ended up being a doji, but if the market continues with its upside momentum, ATI should follow.  Super 

[ScottishTrader]

ATI making a resounding breakout to new all time highs today.  Got through the resistance between 110 and 111 and is ripping along quite nicely now. 

A conservative ascending tringle breaout target would be $125, but I could see it going even further...  very nice 

[metal head]

Closed at 52-Week High of $113.34!!!!

Leading stock performer of S&P 500 in 2006.  More of the same in 2007!!

The Titanium Market is unreal right now.....ATI heavily invested in Ti expansion to capture those 60% margins in the market right now.  787 Dreamliner consuming 220,000 lbs. of Titanium per plane.  No slowing down in Titanium for a couple more years due to supply and demand.  

ATI also is Top Supplier in lucrative Oil/Gas/Chemicals market due to Chemical resistant specality steels & select titanium alloys.  


Thanks for the charts ScottishTrader......I agree, 120's here we come!

[metal head]

Up $2.50

Heading Higher

[metal head]

Nice breakout today. Up in price over $3.00.

Can someone add a TA chart??

Quarter Earnings report on 4/25/07......should be great numbers which translate in high ground.