ACN has been giving us text book price action recently.
Over the past couple months we have seen price consolidate in an ascending triangle / pennant formation. Breakout on the 11th March gave the stock momentum to trade to new ATHs through March.
It has since been forming a perfect bull flag.
If the stock can catch momentum again, I see upside to the 285$ range in the coming weeks.
Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Over the past couple months we have seen price consolidate in an ascending triangle / pennant formation. Breakout on the 11th March gave the stock momentum to trade to new ATHs through March.
It has since been forming a perfect bull flag.
If the stock can catch momentum again, I see upside to the 285$ range in the coming weeks.
Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Not
Breakout of the flag occurred yesterday!Not
Very Overbought right now on all time frames, would love to see a bit of a correction before loading up againNot
Oh and target reached much faster than I thought
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.