ALAB okay: am I absolutely nuts for shorting this at 175 today? LOL the daily chart is insaneAstera Labs, Inc. stock forum
ALAB okay: am I absolutely nuts for shorting this at 175 today? LOL the daily chart is insane
ALAB price followed through with extensions into the macro resistance zone outlined on Jul 21.As long as price stays below 150, I see potential for a more prolonged correction toward 110, and possibly deeper into 90–80 macro support over the coming months.
Chart: tradingview.com/x/M5qHTmTE/
Previously:
On resistance zone (Jul 21): tradingview.com/symbols/NASDAQ-ALAB/minds/?mind=_wqjT0ppTkOCkNuZ7g0X7w
On upside potential (Jun 24): tradingview.com/symbols/NASDAQ-ALAB/minds/?mind=5f-OEj77Rlah41GafjoOHQ
On macro bottoming (May 1): tradingview.com/symbols/NASDAQ-ALAB/minds/?mind=2KDjjPohSTS4ER8Iqt8qAg
ALAB Perfect hit into the resistance zone outlined back on June 24.Given the initial strength of the todays move, I can’t rule out an extension toward the 135–150 zone in the coming days — especially if price breaks and closes above the key 124 resistance level.
Chart: tradingview.com/x/xHmImPb4/
On upside potential (Jun 24): tradingview.com/symbols/NASDAQ-ALAB/minds/?mind=5f-OEj77Rlah41GafjoOHQ
ALAB Price is in the local support zone. As long as price respects the 84 level, odds favor one more upside attempt into the 110–120 resistance zone.Chart: tradingview.com/x/2Agb8TG3/
Previously: tradingview.com/symbols/NASDAQ-ALAB/minds/?mind=2KDjjPohSTS4ER8Iqt8qAg
Coming back to support at 75ish then load up
ALAB Cramer said buy, which means this is a sell. Keep it simpleALAB Price has reached the borderling macro support to start forming long-term bottom Macro bullish scenario with at least a measured move into 190+ in coming years
ALAB this is a very strong move down. Im expecting some support between $55-62
ALAB who’s here for earnings
ALAB it is already 28x in valuation