Technical analysis by Robi_Nitu about Symbol ALGO: Buy recommendation (2/7/2024)

Hi guys, Spotted this setup on ALGO, the target of the cup & handle is situated in the 0,67$ area. As a "safe" trading setup we still need to wait for a breakout and retest of the 0,23$ area before taking action. Always take risk management measures while trading ( set stops, maintain risk under 2% etc.). I hope we all make it !Managed to get over the 0,23$ area. If it holds ... we're on.0.28$ just hit, seems it was a good idea, set SL in profit and let it rideAlmost there, trading at the 0,54$ levels currently, it took a lot more time than expected, but ... it's getting there.