ALAB has a huge bullish trend and is expected to rise to $500 despite current resistance and recent sell-off.
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partially right on ALAB uh bullish partly partially right on
Alab uh this one as well. very bullish trend is huge. You can tell by the way how strong strong the trend is by the girth of the blue. When it's big and fat, it just wants to run higher.
So remember that we do have a little bit of resistance here at this level five. Whenever you have these levels, you get either support or resistance, a little bit common price action, and that is at uh 3818 382.
Uh there were rumors that it was going to be added to the S&P 500. That did not happen. Therefore, a little bit of a sell-off, but the sell-off is nothing. Again, this thing's going back to $500.
So, I didn't hedge despite a big mean reversion. Let's pop up the mean reversion here, too, because uh I didn't have the courage, but there was a big spike. It was like nearly a version, the three on the mean version, which is very high.
And when you see that, typically you could sell a call or whatever, but I didn't and I waited. So, anyhow, live and learn. You can't do them all, but I I don't want to get caught out and I want to run this thing up to 500 before I consider hedging.
What this channel has said about $ALAB
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