TradingView
patrik1470
Mar 19, 2024 12:14 PM

Nice entry for ACLS - Demand + GP + VAL + divergences Long

Axcelis Technologies, Inc.NASDAQ

Description

There is a very nice level to enter the trade on ACLS based on technical analysis on daily timeframe. I am currently waiting if it will bounce from this level or not. If it will bounce then it can be a really nice long.

You can see there some nice levels overlapping
  • Nice daily demand zones
  • Fibonacci retracement's golden pocket level
  • Value area low of this year
  • Nice divergences forming
  • Money flow starting to decrease


Also the fundamentals are looking very good for this company.
Comments
patrik1470
I saw a small reaction yesterday so I went for it without a leverage, already up 2.39% -> let's see how this plays out in a next few days
More