$ACES price to date 25th October 2024Based on Fib Time Zone
 
 •	0 – 1 =  RALLY 
 Time : 04/05/23 – 23/08/23; 
 Close Price : 424 – 726
 
 •	1 – 2 =  BASE  
 Time : 24/08/23 – 01/12/23; Close Price : 730 – 725
 
 •	2 -3 :  RALLY 
 Time : 02/12/23 – 21/03/24; Close Price : 690 – 885 
 
 •	3 -4 = …… (predicted to be  BASE )
 Time : 22/03/24 – 25/10/24; Close Price : 880 –  not far from 880-850 
 
 
then the  IDX:ACES  price on 25th October 2025 predicted not far from 880-850 so that from the price position when this analysis was made there was an increase of  14,48%
Trade ideas
ACES (VCP - 21W 25/4 4T)I have my positions 
 March 19, 2024 
Reasons:
1. Low-risk entry point
2. Confirmed stage 2 uptrend
3. Has gone through a majority line of supply
4. A breakaway move, first breakout of a confirmed stage 2 uptrend
5. High relative strength
6. Volume dries up as less supply coming to the market
Flaws:
1. The market is still in a hard-penny environment, not much confirmation from the momentum stocks with only 25% of total stocks above the 200-day moving average
2. The index is moving higher but there are still less stocks setting up in this market
The stock breaks near the closing day and squats. I like to see if the stock can tighten up for one last contraction, resetting its pivot, before I consider adding more to my position.  
ACES (VCP - 12W 18/3 3T)I bought my positions today 
 October 12, 2023 
The reasons:
1. Low-risk entry point
2. Prior strong upside move
3. Has gone through a majority line of supply
4. A breakaway move, the first breakout after the stock in a confirmed stage 2 uptrend
5. High relative strength
6. The stock explodes 83% while the market only goes up 2%
7. Volume dries up as less supply coming to the market
8. Huge volume on the breakout
Flaw:
The market is still in a hard-penny environment with only 35% of total stocks above the 200-day MA. 
I like to see the stock holds up and follow through.
Short review chart stock 'ACES'IDX:ACES  looks for a trend reversal from bearish to become bullish.
A look at the chart weekly, there is a bullish engulfing indicates a price reversal and validated by double bottom chart pattern on daily chart. The volume on 21 June 2023 shows spike and long candle indicates interested investor on $ACES. 
Here is my analyze for  IDX:ACES 
TP 1 750-780 (harmonic resistance)
TP 2 835 (gap trading)
SL 605
Current price: 680
Risk:reward: 2x (TP2)
#Disclaimer On #Do_your_own_research
ACES : buy on supportSummary : buy on weakness, buy on support area
Key points: 
Price hovering around strong support area, coincides with 0.618 fibo level 
Price bounds back on major support trend line 
Historic cycle analysis shows major bottom in blue vertical line, if repeats, price should react within this time window
ACESNB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
ACESNB: DO MIND that These analyses i posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!






















