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Is ALGT preparing to trend lower? Fell Below 20 Day Moving Average shows up after tumbling 6.62%
On Thursday, August 6th, ALGT moved down 6.62% while volume increased to 1.4× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 94.87, 92.64 & 88.17, with resistance at 101.57, 106.04 & 108.27.
Current SwingTradeBot Technical Rating of ALGT: C
Traders are watching ALGT for a reason. See the full signal list.
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