Aug. 15 at 11:37 PM
$ATO | Atmos Energy | Utilities 💡
Macro momentum is shifting back upward as bulls defend the
$168.22 structural trendline floor! 🔻 Clean higher low bounce expanding off baseline moving averages 📊 Atmos Energy natural gas utility leader winding up for its next expansion leg 💡
$173.00 resistance line is the main trigger.
Technicals: 8h bullish higher-low setup building directly above high-volume profile support. Holding
$168.22 keeps momentum locked for an upside squeeze toward upper supply.
🐂 Reclaiming
$173.00 =
$178.22 then
$191.42 in play. High-grade utility leaders coiling at baseline support can squeeze aggressively once volume expands 🚀
🐻 Losing
$168.22 =
$165.90 then
$158.00 retest next. Utility sector rate sensitivity carries downside risk if support breaks 📉
⚠️ Higher Low Base. Trendline Support.
$173.00 is the line 🎯
Stop Loss:
$166.50 🛑
Targets:
$178.22 /
$191.42 💰 🍺
OVERALL: 🐂 BULLISH 🐂
#hovdid
