I posted a chart idea for ACH previously. ACH seemed to have a recent fakeout from the white trendline, and it looks like price will still have more to retrace. This is just a prediction, but I believe ACH will retrace to the .786 area( a bit past that, more than likely to the 1.618 of the rising wedge), form a mini accumulation zone and breakout. IF price breaks from this area to the 1.618 extension, that would be a 1188% return.
This is not financial advice, just a prediction.
This is not financial advice, just a prediction.
Note
ACH may not break up the 1.618 line if it does break out.
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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.