ATML - Sector: Technology - Industry: Semiconductors

[Se7en]

ascending triangle breakout, whay's your target on this one?

[Terliso]

ascending triangle breakout, whay's your target on this one?

I don't know yet the target... I'll just let the profit run right now

ATML also break the 200(EMA) as you can see on the chart (weekly).

[Se7en]

I bought some @5.24!

[Se7en]

Nice breakout, someone thoughts about possible target?

[Se7en]

ATML printed a hanging man today with a tiny white body, so not a doji because open and close were not the same, i don't like it!


I don't know if it's important that our hanging man was white, the one on the picture below is black... Maybe someone can help me out?




The Hanging Man is a bearish reversal pattern that can also mark a top or resistance level. Forming after an advance, a Hanging Man signals that selling pressure is starting to increase. The low of the long lower shadow confirms that sellers pushed prices lower during the session. Even though the bulls regained their footing and drove prices higher by the finish, the appearance of selling pressure raises the yellow flag. As with the Hammer, a Hanging Man requires bearish confirmation before action. Such confirmation can come as a gap down or long black candlestick on heavy volume.

[calven]

Yes that candle is likely bearish short term...but I think this is a great trade with solid support below it. You will do just fine with it! 

[Terliso]

I have nothing to worry about ATML... this stock still in bullish mode. I'll keep ATML as long as the Bull Power is tracing up.  When i see higher price but Bull Power ticks down then that's the signal for me to sell.



Goodluck!!

[Terliso]

I bought some @5.24!

at least you're 3 cents up

[Melf Elf]

Bull Flag Target: 5.35 MADE at the open.

[Se7en]

It retraced to fill the gap made at the open ...

Melf Elf, what's usually next after a Bull Flag Target is made?! 

[Melf Elf]

Melf Elf, what's usually next after a Bull Flag Target is made?! 

Se7en,

Stocks behave so differently, I can't say that there is any "usual" behavior after a target is made.  That's why it's a good idea to take at least some profits when targets are MADE.  That "could be" a high in the stock, or close to it. 

[Terliso]

Weekly MACD-Histogram ticks up..
Back on track

[Terliso]

ATML is having some fun

$SOX semiconductor INDEX is rallying again, as you can see in the chart WEEKLY HISTOGRAM is tracing lower high

[Terliso]

ATML going for another GOLDEN CROSS..

ATML rising... rising... rising!!
ATML is going for another GOLDEN CROSS...when I say another GOLDEN CROSS, I'm talking about the WEEKLY CHART... why is that & what do you mean TERLISO?

When 50(SMA) cross above 200EMA & 200SMA in the WEEKLY CHART... If this happens you will call the stock a really, really super Bullish stock

EXAMPLE chart NTRI, HANS, GIGM, HOM, GV, BRVO & a lot More....

[REALDEALS21]

UPDATE 1-RDG Capital keen on Atmel takeover despite rebuff
Mon May 22, 2006 10:47 AM ET

(Adds details, changes dateline from NEW YORK)

PHILADELPHIA, May 22 (Reuters) - Investment firm RDG Capital LLC on Monday said it remained interested in buying Atmel Corp. (ATML.O: Quote, Profile, Research) for $2.7 billion, despite a rejection by the microchip maker.
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ATML.O (Atmel Corp)
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Change:    +0.40
Up/Down:    +9.13%
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RDG Capital said it wrote to Atmel on May 15 and initiated talks with Atmel Chairman George Perlegos about a proposal to buy the company for $5.50 a share in cash and preferred stock.

Shares of Atmel, which makes microchips for cars, planes and communications devices, rose 54 cents, or 12.3 percent, to $4.92 in morning trading on Nasdaq.

Atmel, based in San Jose, California, declined to comment.

New York-based RDG Capital said Atmel responded on May 17, saying it believed it was better served as a public company.

Despite that rejection, RDG Capital, a shareholder of Atmel since May 2005, said it remained interested in negotiating a potential acquisition of the company.

RDG Capital said it is managed by a former executive of billionaire investor Carl Icahn's investment firm. Additional details were not immediately available.