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