If it can hold 13.5 at month end then that looks like a good level to me for future price appreciation.
This chart is the monthly - super long term - see how the 13.5 support in '99 got smashed in 2010, resistance at the same level tested in 2014, and now we have a breakout, albeit spanked today, over that level. And we are back at 13.5 at the close of play.
If the monthly can hold above 13.5, then the next target is 23.5, then 35, then 50.
Of course - if the monthly dips way back down, then its another test and failure.
Exciting stuff, eh ? The monthly is such a strong chart, and it is talking right now.
For those thinking about the 50c level (which is gangbusters) - what about the price in '96 - peaking at 1.27 ? Woah !!!!!!!
Go well all
ATP Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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