$ALEX Alex's channel.... 45% retracement completed!NYSE:ALEX reached a height of $0.54 and has currently retraced 45% to its current level at 0.34
Two things can happen!
NYSE:ALEX can continue retracing to find a major support at $0.25 (perfect buy the dip opportunity) OR
#ALEX price action can bounce off its current channel support to find resistances: 0.42, 0.54 and possibly price discovery at 0.69, 0.82
THIS IS MY 100TH idea! Darm!
