Historical Analysis Suggests a Potential Breakout and Long-Term Accumulation Opportunity in ACB Stock
Examining ACB's historical monthly chart reveals a pattern of successful breakout from cup formations on two occasions. Based on this historical trend, a similar scenario is anticipated for the current third cup formation. Following the recent breakout, ACB is currently undergoing a correction phase, retracing towards two critical support zones highlighted in blue around the 15-24k range. These support zones present a compelling opportunity for long-term accumulation, aligning with the completion of Elliott wave 5 and preceding a potential corrective wave following ACB's target achievement.
Examining ACB's historical monthly chart reveals a pattern of successful breakout from cup formations on two occasions. Based on this historical trend, a similar scenario is anticipated for the current third cup formation. Following the recent breakout, ACB is currently undergoing a correction phase, retracing towards two critical support zones highlighted in blue around the 15-24k range. These support zones present a compelling opportunity for long-term accumulation, aligning with the completion of Elliott wave 5 and preceding a potential corrective wave following ACB's target achievement.
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.