ACST Swing trade idea R/R 1/3
Updated
ACST is currently located at the bottom of the value zone (~ $0.38 area) , as you can see from the chart price bounced multiple times to the upside from the bottom of the value zone ,also notice the indicators below .In my estimation we have a higher probability for ACST to start moving higher and reach ~ $0.54 area .
ENTRY $0.40
STOP LOSS : $0.36
TARGET $0.52
R/R 1/3
Not financial advice .
ENTRY $0.40
STOP LOSS : $0.36
TARGET $0.52
R/R 1/3
Not financial advice .
Note
Note
ACST moved down to $0.406, I missed my entry by $0.006(!) then bounced up to $0.4548 and closed at $0.441 .Trading idea no longer valid - I missed my entry.
Note
2nd attempt .Adjusted entry to $0.41 ,stop moved to $0.37, target $0.52, R/R 1/2.7
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