Allegheny Tech Setting Up

In a market led by six second videos, social tomfoolery and mobile skullduggery, there exists a place where the mundane and hated can find themselves with a decent chart setup.

Take a look at Allegheny $ATI

The daily is coiling and can go higher above 34.50 if it can get a volume thrust

ati

Here is a peek at the weekly setup. I like when the weekly MACD turns up on these most hated names. If the wind blows the right way, this can tag the very high 30’s

ati weekly

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