Will the Bullish One White Soldier be the start of ALI’s reversal? Today we have seen this stock move up after the blood bath last week which brought theprice below 24 level. The move today seem to tell us that the bulls are ready to fight with the bears.
Kijun Sen line starts to move horizontally and they may attract the price to come near it. Remember that price tends to move alternately away from and back toward the kijun sen in a cyclical fashion due to the kijun sen’s strong expression of equilibrium or stasis
Caveat!
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