Apr.10- atnb monitoring

Stock: ATNB

Date: April 10

Current price: 1.42 H-1.42, L-1.38
Support:1.30, 1.20
Remarks: 3 consecutive days sitting on 23.6% (1.40) 

Resistance: 1.70  next at 2.0 

Adding: fuel up when 1.60 is breached 
Selling: see price action..maybe just before hitting 2.0. while core intact

Notes: (Technicals)

• Reached intra day ceiling price of 1.57 on April 4 but settled at 1.45(38.1%) in the closing.
• Thereafter, closing prices for three consecutive days fall on 23.6% fibo which I can surmise participants respecting fibo dynamics. Next resistance at 1.70, 2.0 (50%)
• I am buying anything below 1.40. shallow pullback with negligible selling volume. After all, this is getting now the attention of the traders.
• Could trade sideways when it enters 1.70-2.0
• Optimistic view: when it makes a support on or above 50%, consequently breaking through 200 SMA, should give a promising perception of good to hold to at least BV.
• Book value 3.05

Attention: shares very light. We may however not discount the possibility of another ceiling to 2.10 when the ceiling price can already utilize 200SMA and 50% as its next support...opkors this is a psychological statement =)

Good day!