First Trust Multi-strategy Alternative is slightly up on the day, it isn't making a very strong move but still up 0.39%. We'll see if it can keep moving up or not. It looks like LALT may be interacting with a slightly angled resistance line. This area could represent a pivot point. LALT hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't presented the buying pressure to make
me feel certain it can punch through. It looks like LALT may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In addition to being near an angled support line LALT is near a weak support line. We'll see if it bounces off or heads lower. LALT hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't shown the selling pressure to make
me feel certain it will break through the line.
If the price breaks through the resistance level it will probably move up to the $24.999 where it may meet further resistance. We aren't seeing very clear support levels down beneath this point, so it might have room to gap down lower if price is rejected from here.
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
