ATN - possible top

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ATN = 5.0 (-2.0%)

Daily: ATN formed a black candle with lower low and lower high. Volume continues to decrease for the 4th trading day.

ATN seems to continue to be forming lower highs. Caution should be exercised as ATN might be correcting as in the short term.

Support might be felt at 4.9


Weekly: ATN formed a black candle with higher high and higher low.

It is uncertain whether the black candle is signaling a top for the uptrend of ATN. If it is the top of the uptrend a correction towards 4.02, the 38.2% fibonacci retracement level, would be healthy and would be a good price to buy ATN again after hopefully selling at the possible high of 5.4

Careful ATN traders...
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