I know that it can change in a short time, but the volume of buys at 2.0c or above exceeds the total sell volume by 2:1.
If it holds here today then it will be the trading above its 200 day SMA.
Even with the recent buying, the RSI is only at 56, which is bullish but nowhere near overbought territory.
* That's based on the daily chart.
What seems to have spooked ALT was the 1.455M dump at about 11am today. It has not seen sellers rushing for the door with the VWAP still sitting at 0.0315.
No prediction of where it is going, but my interpretation of the technicals doesn't suggest any panic.
Will be looking to accumulate at these levels.
GLAH
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