Thursday, May 24, 2007

 
Trading Ideas & Picks

Allegheny Technologies Inc- ATI - Ascending channel pattern

ATI - The two parallel trendlines have acted as areas of support and resistance in the past and it will be interesting to see if this story will continue. Technically speaking, the the trend is expected to remain upward until the price falls below $110.60, but we believe that a pullback may happen sooner than most expect...

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