Today Could See ALTO Post Big Gains as Yesterday's Accumulation Comes to Bear and a Squeeze Potentially Comes Into Play.
Yesterday we saw a huge increase in volume, as ALTO experienced its second most active day (in terms of volume) in the history of the company!
Today, as we potentially see new investors and additional interested buyers come into the market, we could see the beginnings of a squeeze play as yesterday's buyers are likely looking to be watching for a more substantial gains, and keeping their eyes open for potential share price movement, which could happen quickly with additional volume, especially after yesterday's redistribution and "shakeup" in share placement.
Watch for volume spikes precluded by slight (5% or less) drops in share price, and/or sharp increases in volume, followed by a momentary lull in activity, as these could signal potentially profitable swings! Keep your eyes open for additional news from ALTO today, and watch for dips in share price for potential entry points, and spikes in volume (with potential squeeze activity) for execution of your exit strategy! |
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