balinor

Strong upside channel

Long
balinor Updated   
BATS:ALGM   Allegro MicroSystems, Inc.
Allegro is moving inside a strong upside channel
Solid earnings growth can take to a +30% in the next months
Comment:
Bounced harder to lower margin at 25,8$
Comment:
Still waiting at the bottom of the trendline to start a new rally
Comment:
Rally started I think, incoming earning can boost upside move
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