Hey people, ATMOS ENERGY CORP is in a bearish fake conguration with low purchase volume made and a shadow of the top larger than the bottom one. The TIMEFRAME M1 shows an upside down hammer candle bull with low buy volume that starts from its last low point to turn around. Big possibility of breakout the price to go on the top following several resistances to...
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Atmos Energy Corp $ATO Long Position
I will long ATMOS coming week. I see a nice set of bullish divergences on EFI and MACD-H, together with StochRSI crossings. Furthermore, a long wig is seen on the daily, which seems to mean there is a strong rejection there, and the market wants to go the other way. I expect the target to hit +1,5 ATR line on the 4H timeframe at least. But I will evaluate the...
My last ATO setup said after high volume the stock likes to move up. This happened 3 more times with a max gain of 2.52% and a max loss of .56% on the 30min chart. I believe It still can happen again.
History has shown that the price surges after high volume..
Going to use shares on this one since the options available have poor open interest and almost no volume. Targets are shown in purple.
Price support at 50SMA and gap up about 20EMA and T line.
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below: Price is likely to move within the parallel channel having the potential to break it down. CCI double top divergence waiting to break down the zero level. DETAILS ON THE CHART NOTE: Entry range area...
LONG SETUP - ATO - ATMOS ENERGY IS IN STRONG UPTREND RSI OVERSOLD DIV WITH BULLISH KICKER ON RISING TRENDLINE