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ALIM .. intresting Point 0 ..
Buy 1.14 TP 1.18
im a noob
support 2.3 resistance 5.6
Long over $6.10 Target $8
ALIM nearly doubled in price in 6 trading days this month. After retracing 61.8% of this move, ALIM broke out of its' narrow channel flag with decent volume. If we see follow through ALIMs' first target is 8.29.
Broken Downtrend with Broken Resistance +50 MA could reverse the stock again toward 4.50 -5.50 , buying from 4 with 3.75 Stoploss could be a good chance