$ATOM P&F chart update. Been somewhat of a battle between buyers/sellers denoted by rapidly changing "O" and "X" columns. We are now back in an "X" column with a higher low. 1st resistance, which isn't a strong resistance is at $21. Our next stop is $27 which will break the long term resistance line. Money Flow Index, Williams % R, Stochastics, are all turning up coming out of oversold territory. All Bullish signs. Looks like a bottom was around $17.50. We did drop below that yesterday, but that was tied to the big market drop yesterday, which we recovered from quite nicely. So Demand/Buyers are in control once again. Short number remains high, and news is pending. Looking forward to higher prices.
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