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Posted On: 07/10/2019 4:35:10 AM
Post# of 154170
OS unchanged. ALPS should almost be out of shares.
Yesterday, drop was from breaking below 44c support. It should have put up a bigger fight at 44c looking at 1 min chart. ALPS was not aggressively selling. Someone sold right at the opening before the 44c support orders started. I suspect an outside influence trying to break that 44c support. I did see a large order in the afternoon, but probably reacting to price drop. Assuming ALPS is almost out of shares, we will see if it stabilizes. Unless we get TO selling, but so far held at DTC didn't change from last week, so I’m not seeing that yet. 40c next big support. RSI has been reset, MACD still in bear territory. I did roll some profits over from other stock and pick up some 41s yesterday, but I’ll wait to see if 40c holds before adding more.
Yesterday, drop was from breaking below 44c support. It should have put up a bigger fight at 44c looking at 1 min chart. ALPS was not aggressively selling. Someone sold right at the opening before the 44c support orders started. I suspect an outside influence trying to break that 44c support. I did see a large order in the afternoon, but probably reacting to price drop. Assuming ALPS is almost out of shares, we will see if it stabilizes. Unless we get TO selling, but so far held at DTC didn't change from last week, so I’m not seeing that yet. 40c next big support. RSI has been reset, MACD still in bear territory. I did roll some profits over from other stock and pick up some 41s yesterday, but I’ll wait to see if 40c holds before adding more.
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