ALTG Short William Alligator : the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.
MACD : the line is above the signal line, this is a bullish confirmation. Moreover, the green vertical bars indicate that the price is increasing.
RSI : the line is at 70, so better taking a short position before a collective pullback.
Candlestick patterns : there are three white soldiers which are a bullish confirmation.
Overall : it can be interesting to take a buy position on this stock because all indicators indicate that the price is increasing and will continue like that. Better taking a short position before a collective pullback. Entry price is higher than the current price for assurance and stop loss is set at -2.5%.
