We shared this last night with our crew at 2464, here's an overnight update... ideas still valid
(Legend AOI = Area Of Interest)
AOI 1 - 2575 - NOW HIT
AOI 2 - 2734
AOI 3 - 2897
I lose interest at: 2297
I spoke about ALGO last night on our scan and while today it's still laying flat, I just have that...feeling that I get before something is about to pop.
BUT
Until we break and close about that 2582 spot, I'm not taking any positions. WE can see that the next logical step after that would be around the 2897 mark and just shy of that 200ma.
Patience is the name of the game with old mate ALGO
(Legend AOI = Area Of Interest)
AOI 1 - 2575 - NOW HIT
AOI 2 - 2734
AOI 3 - 2897
I lose interest at: 2297
I spoke about ALGO last night on our scan and while today it's still laying flat, I just have that...feeling that I get before something is about to pop.
BUT
Until we break and close about that 2582 spot, I'm not taking any positions. WE can see that the next logical step after that would be around the 2897 mark and just shy of that 200ma.
Patience is the name of the game with old mate ALGO
Did wick below our 2297, however i'm interested to see the reaction around this area and if we range within this channel again between here and 2502.
No entries just yet, daily candle not looking great :(