Looking at this stock purely technical, looks like a good time to buy after todays 12% loss. Based on a 3 month Bollinger curve, $15.30 (the current price) is at the support line. The resistance is at $17.91 and the middle is at $16.68.
IMO, I think this will pick up some tomorrow. I'm gonna buys some before close today and hope for the best tomorrow. I don't play long, but short (just like Vegas except for the pretty girls brining you free drinks).
With a tiny stock like ATEA that moved vertically straight up from $7.50 to $18.50 with a good news and you talk about technical chart (buying point $15.30, resistant point $17.79...) is ridiculous. Now it tanked from 18.50 to 15.30, we should expect it will drop further with fluctuation until 10 or lower. (if it drops to 11 I'm sure many people would say it would drops to 5, but I don't think so), We can't use charting to explain a special event with a tiny stock. The only thing always true is after the emotion and manipulation gone, the stock will come back where it belongs!!!