Received 2 Karmas
wannabestocktrader
1
wannabestocktrader Jun 05, 8:27 AM

Yea, I don't know about all the emotional writing you did about why it'll be a good trade, but from a Sykes chart pattern: "$ATHX is worth a watch because it's a clean multi-year breakout. Easy risk down to $2.65 with potential resistance around $2.90, but then it has room to go since long term resistance dates back to 2015, and most of those people have probably sold when the stock dropped under $2 for a while"

happykid
happykid Jun 05, 10:07 PM

Well, it looks like I may have been a day early on my idea here. ATHX announced an extension to figure out a deal with Healios until the 6th of June. There was a small dip buying opportunity this morning at the open, but that was about it for today. Not the big move I was expecting. Maybe tomorrow will show something different.

happykid
happykid Jun 05, 10:07 PM

Also, apparently what I wrote made at least two people think I either "love" this stock or did a lot of "emotional" writing. Yeah, I think I was excited at an opportunity, but what did I say to imply I was gushing with emotion for this stock exactly? And @wannabestocktrader, thank you for posting some more "technical" aspects of what makes this a good trade. I appreciate having other peoples legitimate perspectives posted here.

wannabestocktrader
wannabestocktrader Jun 07, 7:10 AM

News today, so looks like you'll have a good chance to lock in solid profits. :)

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