$ALGO Weekly Chart: Is History About to Repeat Itself?
If you’ve been following ALGO, this chart might look familiar. It’s been forming the same pattern over and over — and every time, it’s led to a major move.
A couple of years back, ALGO broke out of a falling wedge and nearly tripled in value.
Then it did the same thing again — this time going up more than threefold.
Now? We’re seeing the same setup forming once again.
This latest breakout is already in motion, and if it plays out like the previous ones, we could be looking at a move toward $1 or more — over 400 percent from the bottom.
The chart shows strong momentum. ALGO has broken out, pulled back to retest the zone, and is now trying to push higher. That’s classic price action.
What matters now is whether it can hold that breakout level and keep building. If it does, this could be one of those moves that people talk about in hindsight.
It’s never guaranteed — but the pattern is there, the setup is clean, and the potential upside is huge.