ALT has currently doji hammer set up which may indicate a new uptrend to be established. Personally I will need more of a confirmation and will see if this can reverse in direction and establish and maintain a new uptrend.
Still a risky investment currently with DMI- being over 28 and DMI+ being over 19 ADX is over 37 which does indicate a strong downtrend.
I...
*Enough cash till 2Q19
*Confident and strong management team.
*$2 B Annual U.S vaccine market.
*Especially 2018 is the year people suffer from flu . FDA may give green light to ALT for their studies . NasoVax .
*Stock is under accumulations since 6 months .
*Ceo Bill Enright has been with the company over 10yrs , its time for him to prove himself.
*Heavy insider...
