ACROWShorting ACROW
Well, i think that the ACROW stock is just way oversold with little liquidity that further strength the idea of pushing higher.
Having that in the back of the head, then we are looking at a short position with targets based on the resting liquidity in the market. Now two scenarios that can happen, either the price retraces so that sellers sells their positions to buyers orders in the above area then continue down, or the price will just head down searching for buy orders resting down.
I have identified the areas of interest that could be good points of entry and exit.
thats of course as long as there is no major bad news to come to flip everything bullish.
Lets hope my analysis come through :D
This is not a financial advice, and you should DYOR
ACRO trade ideas
#ACRO#ACRO created a bullish Gartley pattern at time frame 1 hour
entry level around 65.50
stop loss 64.35
first target at 68.40
second target 70.80 up to 72.50
NOTE : this data according to time frame 1 hour
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck