ALVES Stock Analysis & CommentaryALVES Stock Analysis & Commentary
Daily technical indicators are positive. After forming support at 27.26, the stock appears to be recovering from that level. With indicators also showing positive momentum, we believe further recovery may occur. In a potential bullish scenario, the stock could have a chance to test the 21-day moving average (30.68).
Resistance Levels: 28.70 – 29.62 – 30.76 – 31.58
Support Levels: 27.26 – 26.26 – 25.60
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