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Alternative Health Corp might just be that alternative investment you were searching for. What do they do you ask. Well according to their site: “We develop software applications and processing systems for the medical industry using proprietary technology platforms” By looking at their graph we can visually see that they have not had a big run like many other in this niche market they are in. However we can also see that the recent volatility experienced with many others seems to be lacking on the Alternative Health chart. From the chart you will notice there is a downwards sloping line. This is our resistance line. For more details please go back to out prior months issue were we cover this in greater detail.
Alternative health Corp
(OTC: AHGIF)
I would like us to now focus on what we can identify as support on the chart. You notice on the chart there are 3 rounded curves. These represent a triple bottom. What causes a triple bottom is bearish price movements initially, but when the price gets too low the bulls come in and scoop the cheap shares and rally the share price back up, eventually this happens again, and again. Each time this occurs it rebounds and helps define a level of support. This is our triple bottom. If the level of resistance we have identified in this chart can be broken then we will have a triple bottom reversal which would be a bullish movement. Bottoms up.
Note: the chart uses CSE: AHG - same company