Text me if you have any questions/comments for me.
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ACL
- First time doing a written analysis on ACL
- Recently IPO-ed stock in mid-May – Has had some uptrends
- Had some obvious retracement around 4.60 levels
- Recently tested the short-term support and today, rebounded from there
- A successful rebound would see the stock rise above the resistance of 4.60 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting successful rebound before plotting entry
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ACL
- First time doing a written analysis on ACL
- Recently IPO-ed stock in mid-May – Has had some uptrends
- Had some obvious retracement around 4.60 levels
- Recently tested the short-term support and today, rebounded from there
- A successful rebound would see the stock rise above the resistance of 4.60 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting successful rebound before plotting entry