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Dr. Kris
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Dr. Kris has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her satisfaction), she decided to tackle something even more difficult—the stock market. Applying the scientific method along with an insatiably... More
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  • Today's exhaustion gap--Air Transport Services (ATSG) 0 comments
    Jul 22, 2011 2:33 PM | about stocks: ATSG

    Today's chart of Air Transport Services, ATSG is showing a classic exhaustion gap pattern. (Scroll down for more info on this pattern.) The stock gapped down and is now trading well off its intraday low on over seven times normal volume. Traders who don't mind taking a little risk (especially going into the weekend with all of the possible headline risk out there), buying this stock could result in a very nice Monday morning return. There are options on the stock but they are thinly traded, so beware.

    Disclaimer: I just went long this stock with a small position.

    Stocks: ATSG
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