$ACT might not continue current uptrend on the short term

ACT was listed on major exchanges a few days ago, and is undergoing sell pressure leading to correction. It is now at the bottom of it's current trend. It is looking like it wants to break down to the .618 which is about ten cents down. It could however bounce off of its current level and continue the trend upward. Keep a close watch at the current levels for the remainder of the day. https://www.tradingview.com/chart/7K2PN8Vw/