Short
ACIA possible short
Now could be a good time to short
Old support may be new resistance
Triangle trend lines converge soon pointing downward
Overall downward trend this past year
Setting the target price:
Daily range of about $1.25
Top of tomorrow's trend line at $39.80
Current price is $38.44
Todays high was $38.70
Today's low was $37.56
Resistance #1 at $38.90
Resistance #2 at $39.37
I'm shorting with a target price of $39.30
Old support may be new resistance
Triangle trend lines converge soon pointing downward
Overall downward trend this past year
Setting the target price:
Daily range of about $1.25
Top of tomorrow's trend line at $39.80
Current price is $38.44
Todays high was $38.70
Today's low was $37.56
Resistance #1 at $38.90
Resistance #2 at $39.37
I'm shorting with a target price of $39.30
Note
Hmmm, I must have forgotten.
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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.