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Is ACRS preparing to trend higher? Crossed Above 20 Day Moving Average shows up after rallying 6.35%
ACRS closed up 6.35% on Monday, August 3rd, with volume running 1.1× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 5.18, 4.82 & 4.64, with resistance at 5.72, 5.9 & 6.26.
Current SwingTradeBot Technical Rating of ACRS: A
There’s more where that came from. See all of today’s signals for ACRS here.
Read full article here »