Hello, what's you guys up to? Busy looking at the screen while looking at the up and downs? Should be really hectic recently with the movement of our index.
But I found a stock that is technically just waiting to be broken out, which is ALTO. This stock isn't moving much downward but only consolidating. In addition, the stock is also being accumulated recently that the volume increases from its normal one.
Yes, MACD is heading downward, but it hasn't seen to be a bear, once it crosses the 0 line, then we can unload as soon as possible. Bullish MACD is above 0 line, and vice versa.
Rating: Buy On Break. Entry: 690-700, S/L: 630-640, TP: 780-880
Happy Investing^^
Disclaimer ON!!!
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