Turning Down
Our Pivot: 165.50
Our Preference: Start short selling ATRL below 161.50 with strict stop loss of 165.50 and profit target at 150.70 with extension towards 147.
Alternate Scenario: Upward penetration of 165.50 will call for 167.30 and 171.00.
NOTE: ATRL is going to completed 61.8% correction at a strong resistant region mean while daily and hourly momentum indicators are trying to change their direction towards bearish side.
Daily Chart with supports & resistances:
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