Here is what I posted in the WEEKLY analysis of ACLS:
ACLS jumped channels; and, given recent catalysts, ACLS will follow Wave III up to $3.19 within the BLUE channel, then to $3.45, completing the Wave III .
The catalyst are the trend in and growth of the fundamentals of the company passing under the radar of screener of not so not-so-astute traders and investors or others looking for a little more price action or need a little more fundamental confidence. It is both a great investment and a great company.
NOTE: Now, I put the small wave 3 around $2.90, however, the trend could be so strong that small wave 3 will be $3.19, where small wave 5 is. If that happens, then I anticipate that small wave 4 will be around $2.95, and small wave 5 to be at $3.35, which lines up with Wave III .
So, I am prepared to change my small wave measurement to reflect the health and mood of the wave of ACLS .
I don't predict moves, I just trade what is happening now and anticipate reoccurring patterns in price and of trades.