Text me if you have any questions/comments for me.
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ALQ
- First time doing a written analysis on ALQ
- Has a history of uptrends and downtrends
- Since the pandemic crash in Mar 2020, the stock price has risen by almost 180%
- Strong resistance seen at current price levels -> created in May 2012
- Stock is currently testing the mid-term support
- A successful breakout would be when the stock is around 13.55 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest only plotting entry when breakout is successful
-----
ALQ
- First time doing a written analysis on ALQ
- Has a history of uptrends and downtrends
- Since the pandemic crash in Mar 2020, the stock price has risen by almost 180%
- Strong resistance seen at current price levels -> created in May 2012
- Stock is currently testing the mid-term support
- A successful breakout would be when the stock is around 13.55 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest only plotting entry when breakout is successful