ALGO appears to have found support within 6% of the low and a spinning top candle on the daily coinciding with the RSI trendline suggests a reversal here. Targets are the green dashed downtrend line, avg. volume price (pink dotted) and the 50MA for an estimated 12-24% ROI.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.