Alto Group Holdings Inc fka ALTO

[fxcm77]

Here are some numbers for ALTO.

My charting software went "Kuku" so I will explain all below.

According to the charts for last 6 months, base on previous day:
R3-0.0166
R2-0.0147
R1-0.0109
PIVOT: 0.0109
S1-0.0090

0.0090 is a major support at he moment preventing the stock to go any deeper.(entering position now with tight stop right below .0090, might be very good idea as grow potencial is much higher & loses)

Daily charts are not bullish yet, but RSI and WM have positive turn UP-MACD-neutral.

100d SMA stand at 0.0274 and that is really major resistance where the stock will make major turn-around to Bullish if PPs will reached here at some point.

But according the O/S this is way undervalued stock 65 mil O/S to avarage market Cap 40 mil(use as default tool):
40MC : 65O/S= 0.61 PPs

There you have it ALTO worth at the moment according the SS $0.61.
The only thing that ALTO need is VOLUME, volume volume and CEO to stick with this SS.

I will actually enter here small position my self with tight stops right below 0.0090.


I wish all good luck and heppy trading.