2use
Long

ALU Going for the resistance

NYSE:ALU   ALCATEL-LUCENT
Watch for:
- Touch of resistance of the down trend
- Moving averages - 200 was a good support, but others rolled over

Note - gap from November 2013 still to be filled so if it goes down, the gap will most probably bi filled. with a bounce of it.

Drop target - 3.20
Up Target - 4.50
2use
2 years ago
- 25 days after, idea successful, price did not breach the range and is still within it.
+1 Reply
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