Text me if you have any questions/comments for me.
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ACL
- Previous analysis was done on 6 Oct (red arrow) - Suggested waiting for HH and HL formation before plotting entry
- Since then, the stock is forming a series of HHs and HLs
- A rebound of the short-term support would create a new Higher Low and provide a good setup for entry
- A successful rebound look to be around 4.55 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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ACL
- Previous analysis was done on 6 Oct (red arrow) - Suggested waiting for HH and HL formation before plotting entry
- Since then, the stock is forming a series of HHs and HLs
- A rebound of the short-term support would create a new Higher Low and provide a good setup for entry
- A successful rebound look to be around 4.55 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry