ALLO is pushing with strong momentum, but the current extension makes patience important here. I would look for a controlled retracement toward the $0.29-$0.30 area and a clear buyer response before considering continuation. The ability to hold above $0.30 would keep the recent upside structure supported.
EP
$0.292 - $0.301
TP
$0.315
$0.330
$0.350
SL
$0.280
A reclaim and sustained hold above $0.303 could open room for another leg higher. A decisive move below $0.280 would weaken the structure and invalidate this setup.
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