3. Â Allegheny Technologies (ATI) is sitting at box bottom support along its WEEKLY down trend, setting up for a possible bearish trend continuation. The DAILY chart of Allegheny Technologies (ATI) will confirm the trend if it breaks down and out of its own box.
ATIÂ Weekly Chart
ATI Daily Chart
As with any watch list, there is the possibility that: 1) a trade will never materialize or, if it does, that 2) the trade will turn into a loser or a winner. If the former, then there is no trade; if the latter, then the next part of the process kicks in: that of managing the outcome. Â Hope you enjoyed this watch list for prospective trading breakouts.
Note that I recently wrote about trading box breaks.
You can also visit my website for more trading and mentoring. Thanks for reading.
Follow David on Twitter:Â Â @crosshairtrader
Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
