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Alteryx resums uptrend
The overall Software sector suffered from negative rotation, as investors moved back into value in October, but this consolidation has come to an end in early november. Alteryx reversed the downtrend after releasing solid quarterly earnings.
Chart remains long term bullish above weekly ichimoku, MACD consolidated but above zero line and about to turn positive again. Breached above negative trendline on the daily. potential gain 40% for 7-8% risk.
Chart remains long term bullish above weekly ichimoku, MACD consolidated but above zero line and about to turn positive again. Breached above negative trendline on the daily. potential gain 40% for 7-8% risk.
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