ALT $7.67
Small cap stock waking up and reclaiming last week’s breakout areas with decent volume.
I was more short-biased last weekend but the strong close this week changed my bias. If key level holds this can open up some room to upside.
Watch for how it reacts to 6.9-7 area next week. If it starts consolidating on the daily we could see a test of 9s or even 10+ to fill the gap on the daily chart.
Position Disclosure: No Position