AT - testing supports
AT = 15 (-1.6%)
AT after the rally to reach a recent high of 16.5 is now forming lower highs and lower lows and looks to test supports.
AT is testing the a support level made by a previous gap down.
Applying a fibonacci retracement on AT we will note that a healthy 38.2% retracement is around 14/14.25 level.
32MA recently crossed above 65MA to support bullishness of AT. 32 & 65MA acting as support levels. 130MA acting as level of resistance
Resistance: 16.5
Support: 14.75
Good luck to all AT traders!
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