Don't say I didn't warn you about this one.

$ALCX ‌ just went absolutely vertical out of nowhere. We were grinding at the bottom for weeks around that 4.23 level and then boom, a massive god candle just wiped out months of downward price action in a single day.
Price is currently sitting at 8.11, which is a massive 85% move. It’s hitting some local resistance near the 8.25 high from earlier today. Usually, when things move this fast, they need to breathe.
I’m watching to see if it can flip 7.50 into support on a retest. If it holds, we might see another leg up, but buying right here at the top of a vertical line is basically gambling.
Let's see if the volume stays high enough to sustain this or if it's just a classic pump and dump.

#OilPricesSurge