ALNY is through a corrective pullback Right now it's in a position where it can go Bullish.
But it is what I call a weak buy demand because it's 50% of the peak where it started the reversal pullback. To buy from this position, I need to see a clear reversal pattern otherwise I´ll wait for it to continue the pullback and buy from the strong demand.
But it is what I call a weak buy demand because it's 50% of the peak where it started the reversal pullback. To buy from this position, I need to see a clear reversal pattern otherwise I´ll wait for it to continue the pullback and buy from the strong demand.