There is a yellow line which represent an important price level, ALLO can breakout this line (next level around green line) or consolidate around the yellow line before an eventual breakout.
In my opinion, ALLO will consolidate at short term.
In my opinion, ALLO will consolidate at short term.
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I was wrong, bullish momentum on this share, target around 32.50 for meDisclaimer
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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.