very possibly this week and a 2handle in March. the Golden cross (was delayed) that is the weighted average X .... had not happened ... 100% this will happen this Monday on the 1st opening price, additionally the support in this trading range is clearly displayed in the 100% horizontal bollinger bands that are now also clearly narrowing. (staging a leg-up). two tests to sell-down were BOTH met by immediate price recovery, says. the ALU sell-off has happened (in fact it took two yrs) .,. the day the GS/CS loan was approved created a clear technical signal that ALU is in transition North bound trend in place...
Golder cross, cup and handle, upside down moon pie,ten gallon hat, all the same my friend. We are stuck here for several months IMHO. Sure hope I am wrong but if they could not get it to run with Q4 earnings I don't think Q1 will do the trick.
Sold half my position and may buy it back if we could be lucky enough to get back into the low $1.50's high $1.40's in the next couple of months.
Last weeks price traded an inside week. When price breaks out of this 20 cent range, it targets a 20 cent move. A break and hold of $1.78 targets $1.98. An inside week, "Out of range contraction comes range expansion."
I like all your descriptions, as they are accurate. "Golder cross, cup and handle, upside down moon pie,ten gallon hat"