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Save your seatATRA ran from about $5.15 to $12.43 in May after the company said the Food and Drug Administration outlined a path to resubmit the tabelecleucel filing.
A failure to hold $9.50 could see a retrace toward the $7.00 to $8.00 range. Any weak third quarter regulatory update, more dilution through the at the market share sale program, or renewed delisting pressure would accelerate the downside.
If ATRA holds the $9.50 to $10.00 zone and volume stays active, a push back toward $12.00 to $14.00 is on the table. Resistance at $11.50 is the first hurdle.
We don't currently have information about Atara Biotherapeutics Inc.'s earnings.