I am working on a software to identify potential good trades by scanning thousands of stocks and this stock has a good overall score. The focus is on finding good value companies with little debt that generate a profit.
This stock was found with SE v1.00.05. At the moment I am doing a lot of changes, add new selection criteria, change weightings of various...
Starting a Swing on ACLS. Today 7/20/17 the market was to heavy on the stocks today. It is a perfect day to start looking for those tickers to confirm the Beta and see how correlated they are to the volatility of this market. My pivot points are $23.80 & $24.40, anything below the 13 EMA we drop. Getting in now below 13.06 VWAP. We'll see where we go. Happy Trading!
ACLS looking to break long term resistance at 24.00. Price is approaching the corner of a quadrant and has used the 0.236 fibonacci line as support. Stoch RSI reversing with room for upside, MACD neutral with room for upside, SQZMOM trending green. Price above MA's and already past earnings.
ACLS is completing an Inverted Head and Shoulders Pattern. It also formed a bullish piercing candle on May 1st on a 4-hour chart. Earnings are coming out on Tuesday, May 5th. I am anticipating good earning to be a catalyst to supporting this inverted head and shoulders pattern and moving prices and buying interest higher.
ACLS is making an Inverted Head and Shoulders Pattern; seen on a daily and 4-hour chart:
Step 1: ACLS broke out downward trend line and
Step 2: made a high,
Step 3: fell to the back of trend-line support, which is also at a 50% fib to 61.8%. Closed green with market indecision candle with higher volume that usual. Some would consider this a hammer because the...