ATA has reversed its short-term downtrend so it can advance to $0.42 and $0.50 in the near term. The $0.50 zone is a very strong resistance area so it will be difficult for ATA to overcome this area but a flash pump like Feb-11 is entirely possible. However, if ATA loses this $0.35 zone, it will be quite dangerous and we will need to consider buying it back at $0.3 because it may fall deeper.
đRED PLAN
â»ïžCondition : If 1-Day closes ABOVE 0.35$ zone
đŽBuy : 0.35
đŽSell : 0.42 - 0.5 - 0.6
đBLUE PLAN
â»ïžCondition : If 1-Day closes BELOW 0.35$ zone
đ”Sell : 0.35
đ”Buy : 0.3
âDetails
đ«Stoploss for Long : 10%
đ«Stoploss for Short : 5%
đRed Arrow : Main Direction as RED PLAN
đBlue Arrow : Back-Up Direction as BLUE PLAN
đ©Green zone : Support zone as BUY section
đ„Red zone : Resistance zone as SELL section