ACAD in a money squeeze that appears to release soon to the upside coinciding with resistance break through. Daily MACD turned bullish and major MAs turning up. A good long idea upon confirmation of break out.
Trade active
Breakout occurred and Price is back to the $30 breakout level, testing it as support. If support holds, go long still targeting $35. If support fails, 24 and 20 are downside targets.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.