ACE Nicely Breaking out from Box Range With Volume Confirmation.
Action Construct ( ACE ), Finally going to Take off from Accumulation Phase .
This Stock was Completely in Uptrend and then it went down in correction Phase.
For Almost 6 month going Sideways the stock is finally going to break the Accumulation Phase With Heavy Nice Volume Almost 5X then the Normal Volume near the Breakout Level. It Gives us Enough Confirmation to go Long.
We are not here to Analyze what this gonna do Next day , We will take the Whole Move until this pattern not work .
If you want to Hold this for few days , i recommend you to Please DON'T because if you want to ride the Trend , You have to Hold the Stock and if you see this Stock in WEEKLY time frame you will understand why i am Bullish on this one .
It took Support on 2018 Resistance Which Surely Turns Into Support .
If you Have any question feel free to ask , i will happily like to answer them.
This Stock was Completely in Uptrend and then it went down in correction Phase.
For Almost 6 month going Sideways the stock is finally going to break the Accumulation Phase With Heavy Nice Volume Almost 5X then the Normal Volume near the Breakout Level. It Gives us Enough Confirmation to go Long.
We are not here to Analyze what this gonna do Next day , We will take the Whole Move until this pattern not work .
If you want to Hold this for few days , i recommend you to Please DON'T because if you want to ride the Trend , You have to Hold the Stock and if you see this Stock in WEEKLY time frame you will understand why i am Bullish on this one .
It took Support on 2018 Resistance Which Surely Turns Into Support .
If you Have any question feel free to ask , i will happily like to answer them.