Atmos Energy Corporation (ATO) which engages in the distribution, transmission, and storage of natural gas in the United States just broke key technical resistance at 64 after almost 2 months of consolidation in an ascending triangle pattern. Atmos Energy Corporation (ATO) has been one of the best performing utility – gas stocks over the past few years and current charts on multiple time period doesn’t show any signs weakness but the opposite – high relative strength compared to market and today new fresh all time high, so I am looking for a new wave toward 67-68 area on the short-mid term period.
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