ACB chart itself looks bullish, but the ACB/MSOS spread shows a cleaner set of waves to predict the movement.
Buy ACB as long as it is more bullish than MSOS. This thinking applies to any stock compared to a related ETF or index.
Buy ACB as long as it is more bullish than MSOS. This thinking applies to any stock compared to a related ETF or index.
Note
MSOS great recovery off the recession worry lows yesterday. Still a long way but moving up in the same direction to 1.25 to 1.5x MSOS, do the math.
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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.