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#ACMResearch is ready to break out. $30.09 is critical resistance to overcome and. #RSI is about break down trendline.
ACMR is a volatile and speculative stock that has been in a tight consolidation for the last month. Yesterday, ACMR looked like it was taking off and I missed the entry, however today ACMR reversed but bounced off the previous breakout area. Since ACMR retested the breakout area, I went long this retracement. Entry - 39.49 Stop Loss - 36.95 Target -...