Wednesday, May 2, 2018

ALUMEX - Under pressure

Momentum in the Market has a telling effect on Alumex for the moment. Any positive sign in fundamentals will test the fate of the counter in the short term. An important support was broken. Paving the way for the stock to be under threat by the bears. 16/- acts as a psychological support. It is still early to initiate a buy after the trend failure. Let's watch.


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