traderprosignals

ACST BUY/LONG OPPORTUNITY NOW READY

Long
NASDAQ:ACST   Acasti Pharma, Inc.
Technical Analysis

1. Large Head & Shoulders
2. Pennant/Falling Wedge with Large Flag Pole
3. Market Retraced to Fibonacci 0.786 (Silver Zone)
4. Forming of 2nd Shoulder for Head & Shoulders
5. Market Sitting on Support Structure
6. 1st Safe Take Profit at Fibonacci Expansion Level 1 (Grey Zone) also at Flagpole length
7. RSI at oversold zone

Note that another similar medical company is NMTR
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