jamasony2 (< 20)

ATAI - support forming?

July 08, 2008 – Comments (0) | RELATED TICKERS: ATAI

A recent China IPO, this company administers computer based testing in China and is well established there as the market leader. After a 50% runup, the stock was downgraded after reaching target valuations and the stock has declined to nearly the IPO levels. Huge growth potential and already established in china. It looks like support may be forming at around $10 with a hammer candlestick reversal. Should be good for a long or short term play.