Thought I'd put up ALT daily ( 5 min)
I watched ALT on open and continued to watch after the morning swing. I took a position early arvo on the down bar after the two cluster white body candlesticks...After a signal of the stochastic hit a higher low (REF Bar A on chart)
Gave me confidence to take a position..After that you can see Both Stochastic & MFI (Money flow index) In a bullish uptrend..
Note how Both stochastic & MFI finished this signals the bulls had control at the close of trade and further signals more gains on open tomorrow and most likely a gap forming on open as Stochastic & MFI have not entered an overbought level yet
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