$ALPINE just printed a monster move â from $1.94 lows to a spike at $6.73 in less than 48 hours. Now consolidating around $5.70, holding gains with strong volume.
Setup:
âą Entry: $5.50 â $5.80 (current consolidation range)
âą Target 1: $6.20
âą Target 2: $6.70 (previous top)
âą Target 3: $7.40 (extension if breakout continues)
âą Stop-loss: $5.10
Analysis:
After such a vertical rally, consolidation is healthy. Volume still favors buyers, and as long as $5.10 holds, $ALPINE looks set for another leg up. Break and close above $6.20 could ignite a retest of the highs.