ATOM: 8.2 limit to buy, hold and set a narrow stop loss
In yesterday's analysis of ATOM, our view was that a long strategy was lurking around $8.2. During the linkage callback last night and this morning, ATOM happened to reach this point, and long orders successfully intervened. The remaining follow-up is to hold the position and do some simple position management. Since there is no suitable moving average or other form to assist, we tend to do a protective take-profit at the cost price, or we can set a narrow range near 8.13. Stop loss (corresponding to the low on November 9)
In yesterday's analysis of ATOM, our view was that a long strategy was lurking around $8.2. During the linkage callback last night and this morning, ATOM happened to reach this point, and long orders successfully intervened. The remaining follow-up is to hold the position and do some simple position management. Since there is no suitable moving average or other form to assist, we tend to do a protective take-profit at the cost price, or we can set a narrow range near 8.13. Stop loss (corresponding to the low on November 9)