ALV Long Position

Hi traders,

Looking at ALV on the 4-hour timeframe, the stock has been in a downtrend, but bullish divergences are starting to appear, signaling a potential bounce. There´s also a gap on the chart that we´re expecting to be filled on the next upward move. We´re entering a long position now with a target of $105.58.

Good luck!
Chart PatternsTechnical IndicatorsTrend Analysis

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