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Forum - Santellis Art Of The Chart (Alphatec Holdings - ATEC)    learn to teach

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From: jmarkd59 (Rep: 33)Date: 10/18/2010 19:35
Forum: Santellis Art Of The Chart - Msg #76 - List ATEC msgs Thread #673081952 (Rec: 0)
$2.50 was resistance, appears to be support now. Trading below book value. Got slammed on last qtr's earnings. 2.9MM short shares, 52MM share float. Worth watching. A close over $2.70 will be very bullish and would start squeezing the shorts, I presume. Worth putting it on a watch list or setting a trade alert, jmho. (no current position)

Chart:
http://stockcharts.com/h-sc/ui?s=ATEC&p=D&b=4&g=0&id=p60252750341



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Disclaimer: These are my thoughts. Please don't take any trade based on them.

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