$ATI – UPDATE: Up 1.13R, Move Stop Up to 0.25R

Summary

Another higher close, but not as strong as I’d liked. The volume was still around average, but less than yesterday. It made a nice move earlier in the day, then pretty much faded for the rest. It closed around the midpoint of the range, but considering the DOW closed up 700 points, I expected better and that makes me skeptical about next week. Regardless, it closed today with a >= 1R gain and it’s time to move the stop up. Because of the way I manage my stops, even if this stops out next week, I’ll still get a tiny gain out of it, which makes me feel a little better about the close.

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