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$ATOM: Holding a critical level?
Been watching $ATOM for a bit now, and it's holding that 1.36-1.37 area quite well despite the broader market jitters. It's not a screaming buy signal for me, mind you, but the resilience around that prior swing low is noticeable. If it can maintain this level, especially with the day range seeing that 1.36884 low respected, then a potential bounce back towards 1.40s isn't out of the question. The risk, of course, is a break below 1.36. If that happens, my entire thesis for a hold or a minor bounce goes out the window, and we'd likely be looking at a retest of lower support levels, perhaps 1.30. I'm just observing, not committing, as these things can turn on a dime.
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