๐ ๐ข
Ticker: ACI Worldwide, Inc. (NASDAQ: ACIW)
Chart: 30-Min Timeframe
Pattern: Symmetrical triangle breakout
๐น Entry: $52.38 (breakout + reclaim level)
๐น Stop-Loss: $51.92 (below wedge + structure)
๐น Take Profits:
โโTP1: $52.96 โ Recent resistance
โโTP2: $53.66 โ Breakout target zone
โ๏ธ Risk-Reward Calculation
โ Risk per Share: $0.46
โ Reward to TP2: $1.28
โ R:R Ratio: ~1:2.7 โ
๐ง Technical Highlights
โ Clean breakout from tight triangle
โ Volume building near breakout point
โ Support trendline holding with higher lows
โ Bullish structure forming since April 22
Ticker: ACI Worldwide, Inc. (NASDAQ: ACIW)
Chart: 30-Min Timeframe
Pattern: Symmetrical triangle breakout
๐น Entry: $52.38 (breakout + reclaim level)
๐น Stop-Loss: $51.92 (below wedge + structure)
๐น Take Profits:
โโTP1: $52.96 โ Recent resistance
โโTP2: $53.66 โ Breakout target zone
โ๏ธ Risk-Reward Calculation
โ Risk per Share: $0.46
โ Reward to TP2: $1.28
โ R:R Ratio: ~1:2.7 โ
๐ง Technical Highlights
โ Clean breakout from tight triangle
โ Volume building near breakout point
โ Support trendline holding with higher lows
โ Bullish structure forming since April 22
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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.
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.