ACCO is showing good consolidation and may be setting up for a breakout.
1. Not up 3 days in a row
2. Linear previous momentum leg
3. Stock is in early phases of an uptrend i.e. not extended
4. Has not had a significant breakout or breakdown during the consolidation phase
5. Consolidation is nice and clean with narrow range days, lower volume, and can even be pointing down.
Buy = $8.96
Stop = $8.79
Shares = 600
1. Not up 3 days in a row
2. Linear previous momentum leg
3. Stock is in early phases of an uptrend i.e. not extended
4. Has not had a significant breakout or breakdown during the consolidation phase
5. Consolidation is nice and clean with narrow range days, lower volume, and can even be pointing down.
Buy = $8.96
Stop = $8.79
Shares = 600
