Altair Engineering Inc.
Long

Altair Engineering Inc

45
Altair Engineering witnessed a strong rebound after violating the major peak 92.92 - 93.70. This pushed the stock to continue rising and violate the minor resistance level at 98.38. The confirmation of that breakout, by closing above 98.38 for 2 trading sessions, will confirm the current uptrend, triggering further rises towards 102.50 - 108 - 112.65 - 118.

The stop-loss lies below 95.10.

the indicators are heading toward the positive side, which confirms the mentioned positive scenario.

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