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adrianjecan
Jun 7, 2020 12:18 PM

New upside move for ACB Long

Description

NYSE:ACB is ready for a new impulse wave (upside move): it finished the correction, it formed a bull pennant, the volume is really low now and the price is very squizzed. Very soon will break out of the triangle (pennant). After an upside first move of 251%, my next target for bull pennant is 27$, which is 94% of the current price.

Trade active

The breakout happened. I correct my target, it's 26.18$ as the first resistance on the 4h chart.
Comments
stockmoney245
next week sometime.. considering its been fluctuating in the 13a14$ area the last week or so. Hoping it'll break that this coming week.
psbassin
How do you calculate the target? thx
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