tradersmentality

ACB Weekly Analysis

NYSE:ACB   None
ACB formed a failed failure last week (wedge bull flag) off the EMA, with an outside bull bar. The bulls also kept the 7.75 gap open. Although there is a tail on the high of the bar, the bears will more than likely wait before selling again, and the bulls will likely get a test of the Mar 11 close, or a new all time high.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.