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Bullboard - Stock Discussion Forum Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."

TSX:ALO - Post Discussion

Alio Gold Inc. > Symmetrical Triangle
View:
Post by profittaker1 on Dec 18, 2017 6:14pm

Symmetrical Triangle

If you look at the stockhouse 1 month chart (with intraday price movements), it looks like ALO has broken upwards out of a symmetrical triangle. Looks pretty solid, I think the bottom is in.
Comment by SilentRiver on Dec 19, 2017 7:01am
From Scotia banks recognia: Head and Shoulders Bottom 2017 Dec 18 DAILY   Intermediate-Term Bullish Volume 115,381 Close Price 3.92 Target Price 4.31 - 4.40 Pattern Duration 20 days Inbound Trend Duration 15 days
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