ALGO Wedge transforming into an uptrend channel
The top of the wedge was indicating a 1.94 resistance level which we have broken through today with good volume. The MACD looks poised to make a go at holding that 1.94 as support now. I would look for support at the 1.92 level and then the 1.78 level below. There will be resistance at the 2.07 level and the 2.12 levels above.
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