ALGM making an Inverse-Head-and-Shoulders. Will it break?
ALGM is making an Inverse Head-and-Shoulders and is on the verge of confirming the pattern.
With yesterdays volume it seems like it's ready for a break out.
The measured objective of this pattern would be somewhere around $34.40.
Do keep in mind $31.30 and 32.30 may act as resistance on the way to the final objective.
With yesterdays volume it seems like it's ready for a break out.
The measured objective of this pattern would be somewhere around $34.40.
Do keep in mind $31.30 and 32.30 may act as resistance on the way to the final objective.
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