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MichaelGLamothe
Sep 1, 2016 3:01 PM

ACIA is setting up 

Description

It's been about 2 months since ACIA has consolidated or even taken a breath. In that time it has more than doubled!

Within the current consolidation, ACIA is giving us a possible way in with a break above the blue descending trend line drawn on the chart and a break above $116.85. For now, it has held the 10ema so on a breakout, I'd use that as my sell guide with a sell stop around 110 (yesterday's LOD).
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