Oct. 3 at 4:14 PM
$ALM The recent trend looks strong. Over the past month, the stock has climbed roughly 50%, and from here, getting to
$12 by Christmas would only require another 35% gain, which feels very achievable if momentum continues. What’s interesting is how the market dynamics have shifted: we’ve seen a clean shakeout of weak hands, with stop-loss levels cleared, and now it looks like the big players are stepping in. Institutions appear to be lining up and accumulating shares, which often signals confidence in the upside and a stronger base forming for the next leg higher.
Technically, the setup remains bullish. The MACD shows a positive crossover, suggesting the trend could continue, while the RSI is nearing overbought territory, so a short-term pause or pullback wouldn’t be surprising. The order book also looks solid, with plenty of buyers just below current levels, providing price support.
Stay long!
