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Upper Bollinger Band Walk appears for ALM after 5.88% move
ALM closed down 5.88% on Wednesday, September 24th, with volume running 1.6× above average. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 5.43, 5.27 & 4.97, with resistance at 5.89, 6.19 & 6.35. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ALM: D
There’s more where that came from. See all of today’s signals for ALM here.
Read full article here »