Bull flag on the hourly, daily chart on watch.

2019年3月1日

ACB has seen three cup and handles in a row, and we're currently in the handle of the third cup. Studying the hourly chart, you'll see a clear bull flag pattern has formed. We'll be looking for a higher high, and I am expecting to see CAD$12 / US$9.20, mostly because the last high was at CAD$11 / US$8.34.

For this pattern to complete, bulls will have to hold supports at CAD$ 9.90 / US$ 7.50 and CAD$ 9.50 / US$ 7.20. Daily chart on watch, hoping for new momentum to trigger the next leg up...

2019年3月4日

註釋

ACB is likely to bounce off of the bottom of the channel, but before heading upwards again, I think it may meet resistance of the bottom of its original organic growth channel.

2019年3月5日

註釋

Yeah, spot on :-)