After successfully surpassing the previous swing high with considerable volume, attaining a fresh 52-week peak of $2.85, and witnessing the 50-day moving averages intersecting the 150 and 200 SMAs, ATAI appears poised for a reversal from its downtrend.
**Potential Scenarios:**
**Scenario 1: Triangular Consolidation (Orange)**
ATAI may undergo consolidation...
After closely monitoring psychedelic stocks for approximately six months, my attention has been drawn to ATAI. Despite enduring a challenging period over the past couple of years, the stock appears to be signaling a potential turnaround.
Volume Analysis
A notable observation is the diminishing volume during each downturn, coupled with a substantial surge in...
The opportunity is there, again similar to mmed stock. Mush and pyschadelics have a good potential in future. Bullish on this stock. just waiting for the correct technical set up. Might have to wait a few weeks for a play. but seems decent
ATAI LIFE SCIENCES. MUSHROOMS CLEARED MY ALCOHOL ADDICTION THIS YEAR, PSYCHEDILICS ARE THE REAL CURE FOR ADDICTION ANXIETY DEPRESSION ETC. This is one of the top companies.
This isn't a trade for me, I plan on holding long term but this is a very nice set up.
Hello bulls,
This one is a short-term play and can't much be said about it.
After CMPS crushed, price dropped to 12$ and then due to Macro economical panic, crabbed around 11$.
This is good that it's crabbing around 11$ because the next steps are the slow stairs to the 15$.
Volume on last hour of December 3 indicates strong interest in 10.5-11$, meaning any...
This is one that I really look forward to. My conviction is fueled by the following:
- Belief in small mid caps outperforming following weeks
- Observation that new IPOs breaking out of downward wedge seem to be high probability plays
- All the short squeeze momo plays have a high chance of rotating into weed/shroom stocks.
- I think it has consolidated enough...
If youre interessted or believe in psychedelics as medicine, its maybe a good buying oppurtunity for a longshot in ATAI. You could play it with a stop or not - personally I dont have a stop but checking it manually - if the level hold it can be a great longterm oppurtunity - personally I have a small position from a bit lower (about 1% of my portfolio)
ATA, Inc. engages in the provision of computer-based testing services. It serves professional licensure and certification tests in various industries, which include IT services, banking, teaching, and insurance. The company was founded by Kevin Xiaofeng Ma and Walter Lin Wang in 1999 and is headquartered in Beijing, China.
SHORT INTEREST
83.41K 07/31/19
P/E...
Very positive move today on a very negative day in the markets, 22% gains is significant in a stock with a history of extreme spikes in price and volume. We will look for continuation in the days to follow.
Company Description
ATA, Inc. engages in the provision of computer-based testing services. It serves professional licensure and certification tests in...
Swing trade ready to be surf! Will reach 3.87 and than could raise again till 4.50 as Atai did it before. Trade safely with the momentum indicators... Watch the volume. Be concious that those ventures are dangerous in the opening : gapa, gap, gap! Don't get burn wiih you first entry : don't trade all your money ...
Biggest gainer 2nd day in a row I will be watching and waiting for this to have a really good cliff hanger with it up being up so much this is a definite supernova on a tech stock. Though I feel it is extremely overextended, also note that last time it pumped like this it only lasted 2 days and opened below day of high and in my observations closing so strong...
Would have bought near close at 2.01 nice low of high consolidation and closing nicely off day high
Entry 2.01 looking for a morning spike tomorrow.
NOTE:
This was the biggest % gainer on the day and the year chart is clean breakout above
Clear catalyst on why the % gain
So I have been practicing this pattern since I spotted it, and so far I am 100 % on this pattern alone. I call it The bat (although it could be called something else by "professionals" LOL). When I see a stock like this, I do not jump in when it is already high. I wait for the dip. The first turnaround is normally a fake out. The second turnaround may offer some...
