ACAD messed up somehow, probably an earnings miss on top of the rising wedge pattern it has been in for a long time.
Total width of rising wedge is 24ish and they can fall this width. A strong stock does not usually do the entire width.
Oversold and has broken through at least 2 strong support levels.
This is a wait and see for me and a wait until bottom forms which it has not
Total width of rising wedge is 24ish and they can fall this width. A strong stock does not usually do the entire width.
Oversold and has broken through at least 2 strong support levels.
This is a wait and see for me and a wait until bottom forms which it has not