Guys, $ALCX respected the support zone perfectly and bounced exactly the way we expected.

After tapping the demand level around 14–15, buyers stepped back in and pushed the price upward with strong momentum.

This kind of reaction confirms that the support zone is still active and institutions are defending it.

Now if $ALCX manages to reclaim and hold above the 17.40 resistance, we can see a smooth continuation toward the next bullish leg.

Structure is clean, momentum is shifting, and the chart is setting up beautifully for the next move.

Entry Zone: 15.00 – 15.40

Target: 17.40

Extended Target: 19.00+

Stop Loss: 14.20