I Think we've reached a top in 2020 in this stockI've taken time to create this view on Alk-Abello, and I see a good overlap between fib levels and topping on trend line from previous tops the previous years.
this to me indicates that this wave 3 of a major wave 3 could be over now, which should result in a retracement, which I've given my guess on, on the chart.
After this retracement I of course believe we will again reach new highs in the wave 5 of the major wave 3, 2020 will just probably be a red year for Alk, depending on the speed of which this happens.
This is my view, and solely my view, always do your own due diligence.
Happy investing and trading.
