Potential Long on ACVA
ACVA is currently in a descending wedge with bullish RSI divergence and on a larger timeframe in a descending channel and has hit major support of both. Look for a move into supply area for a long or wait for a break of upper trendline for entry, stoploss below last swing low with target of $15 and will be moving SL to BE when safe to do so.
ACVA
ACVA - Cup and HandleA cup and handle continuation pattern
This is the 4Hr timeframe chart for ACVA
I expect a move up during this phase of the pattern.
ACV Auctions Inc (Long)Entry at 10.97
Take Profit at 12.00 (9.39% profit from entry)
Stop loss at 10.00
US Stock In Play: $ACVCA$ACVA - Consumer Cyclical | Auto & Truck Dealerships
pretty sure none of us gonna miss this trade if it breaks
