ALTI. A positive MACD divergence.

Good signs for ALTI:

The price are above the 20 simple moving average, RSI indicator crosses to the upside the 50 line and we have a positive divergence between the MACD and the price movement. We have positive divergences when price levels fall to new lows but MACD fail to decline to a more negative area. At the beginning of January the price of ALTI fall to a new low but MACD fail to achive a new low.

Altought we have good signs, be careful with this one, because sometimes we have other low in price with a second MACD divergence. With favourable intraday evidence a possible trade is enter long with a stop loss near 2.55 usd.