$ATI – UPDATE: Up 0.89R, Closed Above Turn


Today had the follow through I was looking for. There was a clean break of that contraction channel and a nice move to close above the turn with still increasing volume. Normally, I would have added to the position as it pierced the turn, but I’m in no hurry to add risk in this market. However, if it retraces to retest the turn, I may add then. So far, so good.

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