Agree, Level 2 indicates positive trend reversal
Should be a good bounce, with no real resistance on Ask.
Remember, ALL O&G stocks have tanked recently, including ALRY. This is not a trend specific to ALRY, but the overall trend hurt ALRY despite its fundamentals which remain better than almost any other O&G out there in the penny market.
I expect a across-the-board reversal very soon (perhaps as early as tomorrow), and ALRY is better suited for making gains back than any other O&G plays; including HMGP and NVMG.