$AACGDescending triangle along a potential reversal area.
Hidden bullish divergence on the Weekly MACD.
Stop = Below potential reversal area
1st Target = Resistance
2nd Target = Resistance
3rd Target = 0.236 fib extension
AACG trade ideas
AACGATA Creativity Global (NASDAQ:AACG) I really like this stock EDU China stock, although the price sits at recent lows, I feel it deserves a much higher valuation. I think there could be a big move higher in the short term for this stock.
AACGI'm watching ATA Creativity Global (NASDAQ:AACG) again as the stock looks to be setting up for a big upside move in line with the other EDU China stocks. Potential upside of 60% exists for the stock, based on a current level of $4.06 and analysts' average consensus price target of $6.50. The stock should find initial resistance at $4.14 and further resistance at its 20-day EMA of $4.32
AACG$AACG posts solid earnings beat. This is a stock you need to add to your watchlist if you haven't already. Accumulation line remains at high levels and MACD is displaying a positive divergence.
Why ATA Creativity Skyrocketed 951% yesterdayWhy ATA Creativity Skyrocketed 951% yesterday
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
ATA shares were buoyed — thanks to discussions stock trading groups on Facebook, Discord chat rooms, the r/Daytrading subreddit, Twitter hashtags, and YouTube channels before the market opened.
Many of these posts mentioned the advantages of the high volume and relatively low float (31.74M) of the stock.
ATA Creativity is not on the list of most talked about stocks on r/WallStreetBets, as compiled by Swaggystocks.
Pre-Market Top Gainer breaks to new highI often noticed that the big gainers from the opening make near the close another move up.
As always I use the 5 min bar break or bounce of the POC line as an entry, place the stop below the entry bar and trail the stop when there was an down move and and again an upmove.
I am looking forward to program or get a scanner in tradingview that sents us an alert if the price breaks above a POC line on the session volume indicator
$AACG is gonna fall todayPupm&Dump trading strategy idea.
$AACG is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3.70;
stop-loss — $4.24;
take-profit — $2.62;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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