trade it to $30The safety data is favorable and biomarker/clinical data of AL001 (latozinemab) is supportive of activity in this expanded group of patients. Today's data also suggests the potential for a treatment effect in other TDP pathologies (such as ALS).by KhanhC.Hoang1
ALEC Gap Fill ReversalALEC has just filled its massive gap in its chart within 1 trading day. It has now nearly completely filled gap and run into support zone at the 23.5 -24 level. The gap will be completely filled at 22.5. I suspect a strong reversal from here back to the 29 level, as most gaps reverse to the next layer of resistance after they've been filled.Longby BBTrader29331
Long ALEC biggest gapper5 MIN OPENING RANGE BREAKOUT was good for a 7$ move.Longby responsibletrad8r222
Bullish ButterflyThis one is just a technical view!with mindblowing R/R!Longby MoshkelgoshaUpdated 669
touch the resistance and have the potential to rise.touch the resistance and have the potential to rise.Longby simers.co1
ALEC , Technical entry Some things are against this trade but technicals do look great for entry . The company just happens to also be my name :). So, full disclosure, I am anchoring to that a bit ha . Here's whats against, really quick : Recent inside selling , June 3rd ( perhaps already priced in ) Short float kind of on high side slightly under 8% Here's whats for : 1.5 Analyst rating Great technical signs for entry point . Entry $30.98 Stop 29.29 Take profit around $34.50 Good luck ~Longby NAK1987773
Bullish Technical Setup provided by ALEC / Through 26NASDAQ:ALEC Hey Guys, today i´d like to showcase you a sharp ooking Long Setup for a shorter time frame. We are looking here at an uplifting and trending Bio TECH Stock that has shows previous Strenght when the market had its weakness. Alector, Inc. operates as a clinical-stage biopharmaceutical company. They are developing therapeutics for the treatment of neurodegenerative diseases including frontotemporal dementia (FTD), Alzheimer's disease, and Parkinson's disease. No real profits are yet achieved for the Company but it still has a solid looking balance sheet. ALEC had a appropriate Consolidation Phase last week where it bounced back multiply times from the 26$ Resistance Level. Looking at the Hourly the Stock set ups very well it its given Range The Moving Averages dispaly that the Stock should be ready for a breakout expansion with a confirmation from high Volume following through. My Entry would be at 26.10 to not get trapped. Targets are 30, 32 and 36 I´d set my SL at LOD and then trail it with a 15min candel upwards to not give back any gains. This is only my opinion on technical Analysis and not a buy or sell recommendations. Do your own research before jumping into a bandwagon. Please leav me a like or a comment if you want to see more of my Analysis ! It would mean a lot to me and id´be greatly appreciated. Thanks, Sebastian - TradingExperts EULongby Sebastian-TradingExpertsEU7
"Alector" holds during the corona virus bear market.on weekly chart, after broke out $27 it tested back and broke again. on 2 hourly chart, even though down trend is broken, rsi is still weak so worth to watch this stock for rsi breakby TheBullseye1