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pooptart
Feb 2, 2021 6:55 PM

ACB Primed For Breakout Before Earnings Long

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ACB looks primed for a breakout after breaking it's wedge to the upside, which I believe it will close above today. There's also ~18% short interest which could result in a considerable short squeeze. I believe ACB could run to ~$20 or higher during this run, with much of the run before earnings next week. I picked up March 19th $20 strike calls for <$1 today in case there's a prolonged/exponential move to the upside.
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