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Is ALAR ready to make a move? Narrow Range Bar shows up after soaring 6.6%
ALAR closed up 6.6% on Tuesday, July 21st, with volume running 0.6× below average. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 2.09, 2.01 & 1.94, with resistance at 2.24, 2.31 & 2.39. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ALAR: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »