ACN looks to have run really hot over the past few days.
RSI is overbought (78) and the stock is trading almost 20% premium to its 200-day MA.
It is also at the top of a rising wedge channel that it has been charting since March 2020.
The stock has many areas of support to trade down to, 280$ being the strongest of the lot. I would be adding significantly if it were to trade down to this level.
Interestingly Volume has remained significant despite the ATHs.
I keep loving this name for long-term investment purposes.
Any thoughts?
Thanks!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
RSI is overbought (78) and the stock is trading almost 20% premium to its 200-day MA.
It is also at the top of a rising wedge channel that it has been charting since March 2020.
The stock has many areas of support to trade down to, 280$ being the strongest of the lot. I would be adding significantly if it were to trade down to this level.
Interestingly Volume has remained significant despite the ATHs.
I keep loving this name for long-term investment purposes.
Any thoughts?
Thanks!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Not
I keep being pleasantly surprised by the resilience of this stock..
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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.
İlgili yayınlar
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.