A closer look at the potential of ALGO.
Updated
People are jumping with joy today as FLARE has made a more than 300% in gains as of late, but when you see what ALGO is about to do, you won't give a second look at FLARE again. Not to put down FLR, I hold a bag myself, but only to use it as a comparison.
Just taking a gander at this chart, even the most rudimentary of assessments come to realize really quickly that there is definitely potential here. Even if the cup & handle formation fails, the chart gives you some really great tips about exit and entry points on long, and short positions.
Enjoy traders, and always use a stop.
Just taking a gander at this chart, even the most rudimentary of assessments come to realize really quickly that there is definitely potential here. Even if the cup & handle formation fails, the chart gives you some really great tips about exit and entry points on long, and short positions.
Enjoy traders, and always use a stop.
Note
Bullish divergence on the hourly chart.Note
Bullish divergence on the 4 hour chart.Note
Algo has now broken out above the rim line as predicted! If this pattern plays out as I've theorized, it's going to be unreal!
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