Avalanche: Avoid Until Above 638
"So, what this is telling us in terms of charts is that stay away from Avalanche unless it gets back above 638. If it reestablishes based on a daily close back above there, then it's in play for a bigger rally to the upside."
ℹ️ In shortThe analyst advises avoiding investment in Avalanche unless its price rises above 638, which would signal a potential for a larger rally.
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Full disclaimer… So, see how and this is I love this on the charts, right? So, see how you have a line here through right through here, right through this low right there. All right, I don't know if you can see it, but right through that low. So, what you need to see and even today's high, look at today's high right to that line. So, what this is telling us in terms of charts is that stay away from Avalanche unless it gets back above 638. If it reestablishes based on a daily close back above there, then it's in play for a bigger rally to the upside. All right, Polka Dot. This one I'm keeping an eye on here. This is a longerterm trend line. Really nothing of significance here, but again, down move inside bar. Not the greatest kind of price action here that I'm liking at this point. Very similar to some of the others. Now, Sue here, same thing, but this one at least has a longer term trend line …
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