ALEAF Weekly Analysis

7 May 2019

So far this week is an outside bull bar, higher low and possible large high two bull flag. However the bulls need this week to close on its high as a strong bull bar. The bull breakout gap from the January rally has been filled, but there are still open bull gaps below. If instead of closing on its high, this week turns down and continues to sell off, the bears will likely test below the bull spike around $0.50 which is also a target (previous tight trading range).