PTALT0AE0002 - Common Stock
We assign a technical rating of 1 out of 10 to ALTR. ALTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ALTR does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.72, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
ELI:ALTR (3/24/2023, 7:00:00 PM)+0.1 (+2.01%)
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