ACL.N - ACL CABLES PLCDisclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
The stock is trading at the resistance zone 82.00-84.00 and trying to break it above. There is a supporting trend line (marked with the dotted line) which is also acting as near-term support.
The share is showing bullish behaviour. It is not beaten down because of the weak movements of the market.
The MAs are also looking fine and aligned correctly.