ALDO - CUP WITH HANDLEIDX:ALDO (CUP WITH HANDLE)
28-10-2024
(+):
1. Low risk entry point, first time the stock showing it’s buying point
2. Volume dries up on handle
3. Stock showing it’s strength while market is corrected
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (82)
(-):
1. Not really confirmed Stage 2, there is high that need to break out at price 520
