ALGM: Triple Confluence Bounce — Allegro Tempo ReturnsAllegro MicroSystems, Inc.BATS:ALGMibraheeemzStory: 📊 The Pattern ALGM pulled back into a zone where three things line up at once: the multi-year support shelf, the weekly EMA200, and the rising trendline off the 2025 lows. That's real confluence, not just one level in isolation. ⚡ The Confirmation This week's candle is a strong bounce off that zone, on rising volume — the kind of reaction confluence support is supposed to produce. 🎯 Levels to Watch 🟢 Support: bullish while holding above $32 (SL) 🔴 Resistance 1: $38.30 🔴 Resistance 2: $46.50 🏔️ Resistance 3 / prior high: $52.00 🧠 The Read: Trendline, EMA200, and a horizontal support zone all landing in the same spot is a stronger signal than any one of them alone, and the volume behind this week's bounce backs it up. The resistance levels above are the logical stepping-stone targets as long as $32 holds. Chart study, not financial advice.