ALGO: Cup and Handle Bullish Pattern Formation
ALGO has been forming C&H pattern for awhile.
We've tested the 50MA and bounced. Also the trendline support is looking strong which makes me take a bullish bias on price action.
We've tested the 50MA and bounced. Also the trendline support is looking strong which makes me take a bullish bias on price action.
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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.