ALUA
📉 Aluar has lost key support levels, specifically around 14.
🔄 The stock shows potential for a rebound, but it’s a risky trade.
⚠️ It has been in a downtrend and failed to hold crucial support areas.
🤔 The weekly chart suggests a possible rebound from the 12 level.
@marcosemmimfp:
“He’s heavily against it here. Not every stream you tell me, ‘Can you look at Aluar, please?’ Every stream you want to see Aluar. He must be, he must be loaded in a way. He must have bought at 14 and it went down to 11, badly. But every stream he’s asking me about Aluar, every stream. There’s no stream that the gentleman doesn’t come and say, ‘Marco, can you look at Aluar?’ And every stream I’m going to tell you the same thing. It’s on sale. Well, this clearly, losing the 14 here was bad. Yes, I support you, no, but I don’t have to support you, what you have to support is the stock. Clearly, after such a, such a steep rise here, we would have to wait for 14, and we didn’t hold that area. There will be a rebound, it seems so. I mean, this one is still pointing north, it has bearish strength, but we’ve been two or three days without being able to go down. In 4 hours, how are we? We have a pattern, we should have a rebound. Yes, if you want to trade or make a repurchase to lower your average price, yes, but keep in mind that this is a rebound. It has been bearish since here and it should have held that area. Of course, because in the weekly chart, here at 12, and from there upwards. Look how this is, my friend. It’s sad.”
Watch the exact part of the YouTube video where Marcos Emmi talks about Aluar here:
Watch the video on YouTube
Read more articles analyzing Aluar (ALUA) at the following link. ALUA stock.
