Long
ACC - Smooth Sailing to $44
Very confident we can ride this to $44
The RSI is not bearish - not super bullish either
Moving Averages are bullish
I think this is trading in an Upper Wedge Pattern. After it meets $44 I will look to see it fall back down to $41 where it meets support and then after confirming support I will look to buy back in.
The RSI is not bearish - not super bullish either
Moving Averages are bullish
I think this is trading in an Upper Wedge Pattern. After it meets $44 I will look to see it fall back down to $41 where it meets support and then after confirming support I will look to buy back in.
Trade closed: target reached
...Takes bow...Hey guys - we did it. Very bullish day. This wedge pattern worked out perfect. Waiting for confirmation it is headed back down to $41 before I consider a short.
Happy trading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.