ALV breakout trade

١٥ سبتمبر ٢٠٢٣

hi Traders

Let's have a look at ALV

ALV looks interesting.

We're expecting the price to surge higher.
Take a long position once the price breaks out of the triangle.

Target for longs: 110 $

If the price breaks down, we won't be looking for shorts but longs at the upsloping support (red trendline).

Good luck