WATCH $ACTGBullish
Fundamental
- Funds are accumulating
- Decent earnings
- Positive PE
- Positive PEG ratio
- Weak sector
TA
- Falling wedge price action = bullish if broke out
- Price broke out. Looking for a retest
- Currently resting below major S/R level
- Supported by POC
- Momentum theory broke out
ACTG trade ideas
$ACTG can rise in the next daysContextual immersion trading strategy idea.
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5,16;
stop-loss — $4,78.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ACTG Acacia Research upside targets Acacia Research Corp. engages in the acquisition, development, and patents technologies through its subsidiaries. Its operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, if necessary, with the enforcement against unauthorized users of their patented technologies. The company was founded by Robert Bruce Stewart on January 25, 1993 and is headquartered in Irvine, CA.
Bullish Charts - Acacia Buys Stake in 19 CompaniesAcacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,570 license agreements, and approximately 200 patent portfolio licensing and enforcement programs. Acacia Research Corporation was founded in 1993 and is headquartered in Irvine, California.
On 6/5/2020, Acacia agreed to acquire a portfolio of Life Science Assets for $283 Million
The transaction allows Acacia to purchase shares in up to 19 public and private life sciences companies.
Lets see where this one goes now.
Looks undervalued at current levels.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
ACTG - Huge Breakout. Can It Start Bull Momentum?Acacia Research Corporation, through its subsidiaries, invests in, licenses and enforces patented technologies. The Company's operating subsidiaries partner with inventors and patent owners, applying their legal and technology expertise to patent assets to unlock the financial value in their patented inventions. The Company's operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, where necessary, with the enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The Company's operating subsidiaries own or control the rights to multiple patent portfolios, which include the United States patents and certain foreign counterparts, covering technologies used in a range of industries.
172.72K 07/15/19 SHORT INTEREST
P/E Current
-1.31
P/E Ratio (with extraordinary items)
-1.76
ACTG - Downward channel formation long from ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level.
* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Short term Speculative Long
Entry Criteria- Current price ($3.50) (Hit February 7, 2018)
Exit Criteria- 1st Target $3.96 ; 2nd Target $4.73
Stop Loss Criteria- $3.33 (Updated February 15, 2018)
Indicator Notes- Positive Money flow divergence
Special Note- Very good valuation ratio (P/B: 0.43, P/C: 1.12)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Falling Wedge UNDERVALUEDKeep this on your radar! DCF models ≈ 12.6-25.68, margin of safety >85% . VERY strong balance sheet and improving REV and FCF Q/Q.
The larger weekly picture picture shows a massive head and shoulders-which cannot be ignored, but we don't believe there is any good chance of it playing out.
On a shorter time frame the previous diamond pattern has been nonproductive because price went through apex.
50DMA has started to curl up on daily suggesting possible breakout of wedge; momentum has been increasingly less negative confirming this theory. Very strong resistance and support at current level. Under 3.8 and above 4.5 it can move fast, set stops accordingly.