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Altium (ALU) – no longer bearish $27.15

ALU

At MM we have been bearish Altium (ALU) for a while but following its recent over 30% decline the stocks reached our initial downside target area, that doesn’t mean we are now bullish and are considering going long ALU, but we are no longer bearish. Potentially the stock could bounce in tandem with an IT revival.

ALU
MM is now neutral ALU.
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Altium (ALU)
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