Position Formation (Earn. Release) - Monthly Interval - ATRS
Hello Successful Trader,
The stock (ATRS) appears to be presenting heavy consolidation within the price level (0.05 - 5.70). Considering the (Pre-Market) earnings release, there may be sufficient (catalyst) to infiltrate either Resistance Level 1 or Support Level 1 (Await Price Action Confirmation). The overall trend of the market appears to be manifesting a negative (bearish) direction, as the company continuously attempts to manifest a profitable approach towards their products. QE: (Revenue had increased from $12.7M to $23.3M, Net Loss has decreased from $6.2M to $5.5M, and EPS has increased from -$0.04 to -$0.03).
Resistance Level 1 - (5.25 - 6.50) 1.25 cent interval
Key Price Zone (KPZ) - (2.50 - 3.75) 1.25 cent interval
Support Level 1 - (0.01 - 1.26) 1.25 cent interval
Continuing, acknowledge the immense volatility in-relation to (Penny Stocks) and await various indicators prior to entry
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
The stock (ATRS) appears to be presenting heavy consolidation within the price level (0.05 - 5.70). Considering the (Pre-Market) earnings release, there may be sufficient (catalyst) to infiltrate either Resistance Level 1 or Support Level 1 (Await Price Action Confirmation). The overall trend of the market appears to be manifesting a negative (bearish) direction, as the company continuously attempts to manifest a profitable approach towards their products. QE: (Revenue had increased from $12.7M to $23.3M, Net Loss has decreased from $6.2M to $5.5M, and EPS has increased from -$0.04 to -$0.03).
Resistance Level 1 - (5.25 - 6.50) 1.25 cent interval
Key Price Zone (KPZ) - (2.50 - 3.75) 1.25 cent interval
Support Level 1 - (0.01 - 1.26) 1.25 cent interval
Continuing, acknowledge the immense volatility in-relation to (Penny Stocks) and await various indicators prior to entry
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Conscientious and Stick To Your Trading Plan)***
-LionGate
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.