May. 12 at 5:58 PM
$ATER ^^^Where the Price May Be Heading^^^
The overall structure looks like a bullish consolidation (bull flag/pennant) on the daily chart.
The Bull Case: If ATER can close and hold above
$1.25 on increasing volume in future, the next target is the
$1.50–
$1.60 range. The market is pricing in the "Lazar Effect," betting on his track record of restructuring distressed assets (similar to his past plays with NBY or OPTN).
