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Watch These Atlassian Price Levels as Stock Regains Momentum
TEAMAtlassian (TEAM) Investopedia·2024-08-19 03:00

Key TakeawaysShares in Atlassian gained 9% last week and have recovered a chunk of the big losses posted after the collaboration software maker issued a disappointing revenue outlook earlier this month.Since recording its 2024 high in January, Atlassian shares have traded within an orderly descending channel, a chart pattern that indicates a downward trend, but can also signal a trend reversal upon a breakout.Atlassian shares may test higher chart levels around $168, $187, and $215, while finding support du ...