Sometimes This Is More Than Enough
I honestly don’t know–maybe
it’s a combination of volatility levels, expiration week, end-of-year shenanigans,
and divergent action in many recent leading stocks–but
I can honestly say this: Sometimes, this is as good as it gets.
10:45:30
Intraday Setup Alert
ATI Technologies (ATYT)
has formed a first range consolidation after testing its simple and
exponential 50-day MAs, from an opening gap through this technical barrier.
With the stock demonstrating support at this prior resistance zone, triggers
for continuation longs might be considered above 15.13. ATYT is up .36 at 15.06.
T.G.I.F…’cause this is one week that has been completely at odds with setups that I consider to be high-probability.
Oh well–I guess you could say the only gift here in some pre-holiday trade, is the fact that the trade didn’t
trigger…and that just might qualify today as ‘the present.’