Monday, January 24, 2011

Stock Picks: ALI Forming A Possible Bullish Gartley Pattern

Figure1: ALI Price Chart

In my opinion this stock is forming a bullish gartley pattern. To add to that it is also already at the oversold area of my indicator. I am not yet sure how high this stock will go up but as a typical gartley pattern, its prime targets can either be the 15.50, 17.00, and 18.70. (caveat) 

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