ALI - I thought I saw a breakout?


ALI = 16 (3.2%)

I thought I saw a break out above a possible resistance of 15.75...

ALI also crossed above the 65MA...

ALI also accelerated its steep climb and threatening to test the resistance made by a gap down...

Signs of bullishness...

... well, until I saw the volume... which sad to say doesn't impress...

Well if you have ALI you can hold until it breaks the steep demand line.

For those wanting to get a position in ALI, like me, I suggest we all wait until it shows a definite support level.

Good luck to all ALI traders :)

Comments

Popular posts from this blog

EDC - found trough and possible new support level to form steep demand line

Daily Notes

BSP eyes measures to curb peso climb