What Makes This Trade Great? $ATCH Earnings Play
What Makes This Trade Great? $ATCH Earnings Play
Feb 24, 2025
🚀 Good morning, traders! Let’s talk about today’s standout—ATCH. This stock has been front and center all day long and couldn’t be ignored. It’s an earnings play, and the momentum has been impressive. To Subscribe: https://go.trade-ideas.com/SHQ
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🔍 Early Setup & VWAP Play
Right from the start, ATCH showed strength. It was holding VWAP (that red line on the chart) and then boom—it made a strong push all the way up to $13.21. If you caught the early VWAP play, it was a great opportunity for quick gains.
📉 Pullback & Second Chance
After hitting that high, ATCH pulled back to VWAP, giving traders another shot at a setup. This is a textbook VWAP bounce, where buyers step in at key support levels.
🚀 $10 Psychological Level & Next Moves
Now, I mentioned this in the room—$10 is a key psychological level. A lot of traders are watching this area, and if we break over $10.50, I’ll be looking for a move toward that previous high.
🔥 Final Thoughts
ATCH has been a tremendous trade today with multiple opportunities for different trading styles. Whether you caught the VWAP bounce or are waiting for another breakout over $10, this one has been delivering. Keep it on your radar!