$ALGS weekly bullish momentumNASDAQ:ALGS weekly bullish pattern looks like going to break the $28.75 and potential rally to $41~$43
Buy the dip and never tripped.
Not financial advice
ALGS trade ideas
This BioTech is about to EXPLODE! 165%+ Move InboundChart #4/ 40: NASDAQ:ALGS ⚕️
-Falling Wedge Breakout
-H5 Indicator is Green
-Volume Shelf Launch
-Williams Consolidation Box Thriving
🎯 $60📏 $68 ⏳ Before 2027
NFA
Trade Review - ALGS
When stock showed up in screener showed a bullish continuation pattern on daily timeframe and a potential failure test / pullback on the higher timeframe downtrend, a bit near mean but was added to watchlist.
Execution chart.
Trade Overview
• Structure: Bullish Continuation (D)
• Position: Near Mean (D)
• Entry Trigger: Breakout (D)
Entry Details
• Entry Price: 11.13
• Stop Price: 9.38
• Target Price: 12.96
• Expected Risk/Reward: 1.05R
Exit Strategy
• Exit Price: 14.47 / 1.91R
$175 says piper sandler 10XHOT on the daily very volatile analyst $100-175 let's see if we can get $21.50 first.
ALGS | Aligos Therapeutics, Inc. Healthcare US Stocks NASDAQ
📈 Technical Chart Patterns & Trend Analysis 📉
Identifying potential trading opportunities based on trend analysis:
bullish divergence can on double bottom can be seen on daily frame
buy stop order will be a suitable option for trading in this scenario .
$ALGS can rise in the next daysContextual immersion trading strategy idea.
Aligos Therapeutics, Inc., a biopharmaceutical company, focuses to develop novel therapeutics to address unmet medical needs in viral and liver diseases.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $19,90;
stop-loss — $18,00.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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