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Is ACEL showing upside potential? 20 Day Moving Average Support shows up after dropping 1.13%
ACEL posted a 1.13% loss on Thursday, August 6th, accompanied by 1.2× normal trading volume. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 12.05, 11.82 & 11.51, with resistance at 12.6, 12.91 & 13.14.
Current SwingTradeBot Technical Rating of ACEL: C
There’s more where that came from. See all of today’s signals for ACEL here.
Read full article here »