LGNDRY-Capital

ACCO Potential up until $6.39

Long
NYSE:ACCO   Acco Brands Corporation
πŸ‚ Trade Idea: Long - ACCO

πŸ”₯ Account Risk: 1.00%

πŸ“ˆ Recommended Product: Knockout / Option

πŸ” Entry: +/- 5.57

🐿 DCA: No / Yes, up to or down to xxx.xx

😫 Stop-Loss: 4.75

🎯 Take-Profit #1: 6.39 (50%)

🎯 Trail Rest: Yes

🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨

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Double bottom on the weekly at 4.27 with an ascending triangle formation. At 6.50 we can see the current neck line. First profit target should be slightly below at 6.39. Rest can trail and if we can jump above the 6.50 we could see some substantial upward potential.

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