ALI’s flight meets strong headwinds, turning back to ground

ALI fell hard today as it declined by 4.3% to 26.8 per share. The Neutral Bullish Signal we saw last time is no match with the devastation bears which pulls the price below the Kumo. This Kumo breakout is considered a bearish signal. Our flight to 31 may not happen this time and instead it might visit the previous low at 78.6% Fibonacci Retracement level. Maybe the engine is broken and we need to fix it first.

Caveat!

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