Longer Term Trading Plans for ATOM
- Buy ATOM near 7.29 target 11.58 stop loss @ 7.27
- Short ATOM slightly under 11.58, target 7.29, stop loss @ 11.61
May 18, 2025, 12:16 pm ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy ATOM near 7.29 with an upside target of 11.58. This data also tells us to set a stop loss @ 7.27 to protect against excessive loss in case the stock begins to move against the trade. 7.29 is the first level of support below 7.49 , and by rule, any test of support is a buy signal. In this case, support 7.29 is being tested, a buy signal would exist.
The technical summary data is…







