Get started
VanderStorm

ALU Long

Long
ALTIUM LIMITED (ASX:ALU)  
VanderStorm Updated   
ASX:ALU   ALTIUM LIMITED
Trend Analysis altium
3
0
trendanalysis altium
ALU has been in a consolidation range for some time. Two options here in my view:

1. Buy at the trend line and move back up to top of consolidation range or
2. (Maybe the more safe option) Wait for retest of bottom consolidation range down near $30 round number
Comment:
ALU has broken top range of consolidation and bounced off it. Also a move through the $40 round number is bullish..

Happy trading =)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.