Few things i noticed:
  • Volume is thinning out
  • MACD is curling
  • ADX higher highs is lower than the former and heading downwards.
  • DI+ crossed over ADX.
  • However, StochRSI says its oversold


Fundamentally it is driven by the following reasons:
  • Has COVID19 Drug candidate.
  • Low FLOAT: 9.8M shares.

    Based from these indicators, I suspect that the best entry is either at SMA20 and the safest is at .382 or .5 retracement. However, it must be confirmed some if no all several indicators:
    1. StochRSI,
    2. ADX or DI
    3. MACD

    I do not see any near term catalyst for ATOS so far but if I do I will add in the updates. I have yet to read all the 8Ks
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