Analysts like ACB
Updated
I'm in this for the long term, but I can't help but to think that the last analyst that liked the stock in late February caused a price pattern that looks nearly identical to this recent one. I traced the previous pattern and placed it below the current one, they look slightly related. In the absence of more news, I expect it to fall to the trend lend around 7~.22. However, any slightly relevant news or pullback/advance of SPY can greatly change this.
*Not financial advice, purely educational.
AC
*Not financial advice, purely educational.
AC
Note
If anyone has a contrarian idea please share. Constructive criticism encouraged.Note
Nice rally but head and shoulders on the 5/15 min chart. Be careful folks.Note
Also note we may be forming a head and shoulders with the late Feb and March 5 local highs.
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.