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This chart is the thing that made me start this sub. This seems very promising, suggesting that something is brewing underneath the hood. Therefore, let’s first look at the chart and in the next posts I will delve more into the company’s specifics. Many times prices run ahead of the news, this seems a case like that. When that happens, sometimes, we end up finding great businesses ahead of the pack. stick with me. ABAT looks like classic Wyckoff markup to me: months of chop, then a clear change of character in mid-Sep with wide up-spreads and rising volume, call it a Sign of Strength out of a re-accumulation. After a creek-jump through the $3.5-$4 shelf and then the early-’25 spike zone, the playbook is simple: expect a BU/LPS (orderly backup/last point of support) that tests the breakout area on lighter volume; if that holds, the path of least resistance stays up. Candlestick-wise, you’ve got a run of fat white bodies and a rising window—bullish, but frothy enough that a shooting star / bearish engulfing / deliberation up here wouldn’t shock me; ideal is a small-range pause or hammer that holds above the gap, then a fresh high on less volume than the surge day. Where this reconciles with fundamentals: the filings say tight liquidity + going-concern + big non-operational levers (DOE grant, EXIM LOI), so this kind of strength usually means the tape is front-running something we don’t have in 8-Ks yet, better plant throughput/yields, fresh feedstock/offtakes, grant drawdown milestones, EXIM moving toward definitive… or, less sexy, management prepping an ATM/raise into strength. Let the first pullback’s volume tell you which story you’re in. For guardrails, I’m mapping fibs off the latest leg (roughly $2.60 → $7.34 high on the chart): downside retracements at ~$6.22 (23.6%), $5.53 (38.2%), $4.97 (50%), $4.41 (61.8%), $3.61 (78.6%), a shallow tag/hold of ~$6.2–$5.5 with volume drying up is textbook BU/LPS; lose ~$4.97–$4.41 on heavy selling and you’re flirting with UTAD risk. Upside extensions if momentum refuses to cool: ~$8.63 (127.2%), $9.15 (138.2%), $10.27 (161.8%), $12.08 (200%), $15.01 (261.8%). TL;DR: price action says markup now, test soon, buy strength only if the test is quiet; sell/hedge if the test is loud. NFA submitted by /u/Brilliant_Builder697 to r/ABAT_Investors |