Same thing has been happening on a large number of closes recently. All part of an accumulation / average price reduction I think. At least that's what it looks like to me and I do watch the live price action pretty closely. I don't think this is a bad thing. Bad for the impatient maybe...
As pointed out, the range has been reducing creating a wedge. If you believe in this company you will not be concerned if the break out will be soon or if it will be up or down, ALC is kicking goals with both feet and will move when the market deems her mature enough within the industry. The re-rate then will be worth the wait, the watching, the manipulation and then some.
ALC Chart, page-1178
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