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Is ALTS positioned for a breakout? Bullish Engulfing shows up after rallying 11.29%
ALTS posted a 11.29% gain on Thursday, October 23rd, accompanied by 0.8× normal trading volume. Bullish Engulfing — typically a warning sign for traders — developed during the session. Key support levels exist at 1.89, 1.72 & 1.61, with resistance at 2.17, 2.28 & 2.45. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ALTS: F
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