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ALGO completing Wyckoff accumulation phase
ALGOPERP
, 2D
Long
ALGOPERP: ALGO completing Wyckoff accumulation phase

After a multi-month period of mark-down ALGO is exhibiting the final stages of Wyckoff's accumulation model: 1. Preliminary Support (PS) established 2. Selling Climax (SC) achieved 3. Automatic Rally (AR) occurred 4. Secondary Tests (ST) occurred 5. Price broke key resistance level (Sign Of Strength / "crossed the creek" 6. Price Backed Up ("walk back to...

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