Following the compliance of ATP Corporation Corp (NASDAQ: ATPC) on NASDAQ requirements, the share price had seen strong upside, followed by a profit taking exercise. However, judging with the lower traded volume from yesterday, ATPC is likely to enter a small consolidation phase around $1.900 to $2.000 level. We see this as a fantastic opportunity for investors who wants to accumulate or build position at the current level.
The RSI inverted indicator, as shown at the bottom, shows a neutral momentum at the moment for ATPC.