Long
Updated

Play the trading range for a 2 point profit short term trade

123
ACB is running out of steam and possibly is grossly overvalued.
Still it has not violated support and is slowly declining in a clear trading range.
Consider a long here with an exit envisioned in the $8.5 $9 area.
Trade closed: stop reached
broke support and I'm out

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.