ACC long term view ( 1W )
ACC performance since the 2020 market crash. Let us discuss some important points regarding to acc stock.
After the crash, it perfectly formed a channel pattern. In that it faced 3 supports, 2 resistance. As per Fibonacci retracement once it got tested 0.38 level now it is present 0.24 level. And also there is an important resistance zone nearer. After that, there will be a huge breakout let wait for it and be ready to grab it.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading.
Disclaimer:- It's just for educational purposes.
After the crash, it perfectly formed a channel pattern. In that it faced 3 supports, 2 resistance. As per Fibonacci retracement once it got tested 0.38 level now it is present 0.24 level. And also there is an important resistance zone nearer. After that, there will be a huge breakout let wait for it and be ready to grab it.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading.
Disclaimer:- It's just for educational purposes.
Related publications
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.