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Technical analysis by mikestro about Symbol ALCX: Buy recommendation (3/3/2025)

https://sahmeto.com/message/3289909
mikestro
mikestro
Rank: 16718
1.4

ALCX down to $1.11?

:Buy
Price at Publish Time:
$12.19
Buy،Technical،mikestro

Very tricky chart here with the ScamWic back in its infancy, if I apply Eliott wave rules to that Wick then price should extend down to the $1 range. However on many charts this was an acceptable bottom at $11. I would say anywhere in the $1-11 range is a great buy.

Source Message: TradingView
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