The last call was quite good... Check by yourself, the related link below.
With this new post here: The price entered a breathing period where it needs to gather and collect more orders in the market. So i don't ride it but i find/suggest find other stocks which you are confortable with ! Don't touch #ALO for the moment.
In the today's chart: The longterm overall bearishness trend momentum isn't finished yet ! :)
I expect a clear retracement in the 1Q and 2Q. A retracement reaching at the best trigger level is the option. Meanwhile, i must abandon the Bearishness scenario, if the price stay above @ 36,00. It means the retracement wasn't for another bear leg, it's nicely a reversals. Then i focus on the Bullishness trend momentum. The average bearish target couldn't extend @ 26,00 level as shown in the chart
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Thanks for following and have nice trading session :) AKR Capital
Reader The trade comes early than expecte but the overall market price was delivered as outlined in the chart. As you can see, the retracement in 34.90 was a fakeout to send the price lower by following the bearish momentum as outlined.
Wait for the next trade in the ALO
Thanks again for reading and have nice trading session. AKR Capital
The trade comes early than expecte but the overall market price was delivered as outlined in the chart.
As you can see, the retracement in 34.90 was a fakeout to send the price lower by following the bearish momentum as outlined.
Wait for the next trade in the ALO
Thanks again for reading and have nice trading session.
AKR Capital