Long
ACC challenging 2019 highs with high volume
ACC is currently challenging 2019 highs. July 20th 2021 printed a bullish engulfing candle and now volume is kicking in.
Notes:
* Earnings per share is expected to increase over the coming year.
* Making new 52 week highs
* Increasing volume coming in near resistance.
Trade idea:
* Look for a weekly close above $50.94 before entering
* A rejection from $50.94 could send the price to $50.30. So, if you're looking for a discount that would be a nice place to enter.
* Target for this would be the all time highs from 2016 of $54.43
Notes:
* Earnings per share is expected to increase over the coming year.
* Making new 52 week highs
* Increasing volume coming in near resistance.
Trade idea:
* Look for a weekly close above $50.94 before entering
* A rejection from $50.94 could send the price to $50.30. So, if you're looking for a discount that would be a nice place to enter.
* Target for this would be the all time highs from 2016 of $54.43
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.