2024-10-25 19:01
Swing Trade Idea
ALGM Allegro MicroSystems
Seeing a good amount of volume this week after making a decent looking reversal. Well see next week if the momentum can continue.
Their earnings report is also next week, they’ve had positive earnings for the past 3 years but be cautious about swing trading over an earnings report things can go very badly and you’ll end up losing a winning trade.