Daeubner: AT&S breaks to new YTD high

AT&S traded in a volatile sideways range during the last half year. This week, AT&S is showing a break-out to the upside - and the market showed strength and has been sustaining the new highs for most of the week. The fact that the stock is trading within an underlying upwards trend certainly increases the likelihood of the AT&S share price to continue its ongoing climb in the near future. The share should not fall below € 10 anytime soon - if it does, do part from all of your long positions. As long as the stock doesn´t fall back into its old trading range, AT&S surely is a strong buy. Be aware of a false break - monitor a possible position closely, and trail the stop-loss quickly.