ALANSCOTT BO & wait for retest

The stock provided a breakout and is currently encountering some supply at its all-time high.
It would be wise to let it absorb this supply and wait for a retest before considering entry.

For a successful SL hit, we should ideally see a strong 1week candle on our chart—it’s crucial to use that timeframe.
Following the breakdown, the ideal exit point would be after a consecutive candle that breaks below the breakdown candle
As always, remember to do your own research before making any investment decisions!