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Air Transport Services Group Inc. (ATSG) surged to new 52-week high Wednesday, up 4.43%. In fact, a closer look at the daily chart of ATSG suggests that the stock has embarked on a rally that should test 26.80 at minimum but has overshoot target above 30. Just so that you know, initially profiled in our July 20, 2017 “Swing Trader BulletinATSG had gained about 10% and remained well position. Below is an update look at a trade in ATSG.

The graphic below is from our “U.S. Market Trading Map”, show the near-term technical bias and trading ranges. As shown, the underlying is in a short-term bullish trend when the price bars are painted in green. The underlying is in a short-term bearish trend when the price bars are painted in red. The yellow bars identify period of neutral or sideways trading pattern. Additionally, the light-blue shading represents the short-term trading range. A move above or below that range is considered overbought (as represents by the red shading) or oversold (as represents by the dark-green shading). Readings above or below the red and green shaded areas are considered extremely overbought or extremely oversold.

Chart 1.1 – Air Transport Services Group Inc. (daily)

Our “U.S. Market Trading Map” rates ATSG as a Buy. The overall technical outlook remains Bullish. Last changed July 25, 2017 from neutral. Over the past few days, ATSG has been basing sideways near the range top. This is a bullish development, represented an orderly high-level consolidation period atop of the late July breakout. Wednesday’s rally pushed the stock above the July high, signified a…Click here to read more.

You see, our trend-following system is very unique as it attempts to pick turns before others see them. Timing is everything and if you’ve applied our system correctly, you should have made a killing in any markets.

 

This is just an example of many successful trades that our member had enjoyed recently. After all, aren’t you glad you subscribed?

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