Stocks like this are not channel trades, why you would trade this stock is beyond me.
ALC is a long term buy and hold or a long term watch from the sidelines, regret if it booms and you miss out on life changing increase in SP or smile that you did not loose if it goes bust.
As a shareholder, I see the long term potential of this. I have never sold. My buy and sell decision is not based on price but on the direction and underlying growth of the business.
Again, I would not be touching ALC if I was a trader - it is not one of "those" stocks.
ALC Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
