jmw080
Long

ACC - Parabolic Reversal Pattern

NYSE:ACC   AMERICAN CAMPUS COMMUNITIES INC
51 0 0
A good inverse parabola can be seen on the daily price chart for ACC             . There is also a cross of an important resistance line indicating the trend is changing. The MACD line seems to be continuing its upward trend at least for a while. Lastly we can see the Ultimate Oscillator tested the 50 line and did not cross, as well as the symmetrical triangle it is starting to break out of to the upside.
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