1. ALGO formed a clear Cup and Handle on the weekly.
2. This move still has 34% to go up.
3. This also has confluence with previous support at 37 cents which may act as resistance.
4. We have strong weekly wick to the upside in most recent candle to help fuel this move.
2. This move still has 34% to go up.
3. This also has confluence with previous support at 37 cents which may act as resistance.
4. We have strong weekly wick to the upside in most recent candle to help fuel this move.