Long

ALYA Potential Breakout

52
Reasoning:
  • Bullish ascending triangle formation
  • Large spike in volume as stock approaches resistance (bullish)
  • RSI hooking up
  • MACD indicating bullish reversal
  • Upgrade from Hold to Buy (Nov. 15)
  • Strong fundamentals; company has shown consistent growth in revenue over last four quarters. It is rapidly approaching a profitable state.


If ALYA closes at or above $3.00 with high relative volume, I will enter a position.

Stop loss @ $2.90, Target 1 @ $3.24

Potential to gap up, I would be weary if to enter at open if that happens.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.