ALAB analysis across reports

Strong action out of tight consolidation. Heading up towards highs. 2 levels to watch strength or weakness.

Strong action!

Still above 4-week. Watch for 3 weeks tight

Strong with the other names in this group. Always good to see the group moving together.

Riding 4-week. Potential way to sneak in if it pulls in.

ALAB has held up the best from this entire subtheme. Last week pulled to the rising 4-week and still higher than the previous weeks low. If this traded tight sideways like it did in April it would become a top focus.

Still above the 4-week. Do we rebase? If so it would become a top watch

Its previous resistance it broke out of in May was support on this recent weakness so thats notable. Resistance - suppor flip. Worth monitoring for an entry after an inside week. Close above the 10-week or another inside week would look actionable.

Failure to make a new low now approaching down-trend line and 10-week. Close above is a big change in character.

Inside week after a higher low. Sitting at declining 10-week and down trend line.

Up against its downtrend line and the lows were its previous resistance. So since June highs it has confirmed resistance - support flip.

After resistance - support flip it followed through powerfully last week. Looking like a semi leader if the group follows through.