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ACON Fell Below 50 Day Moving Average on August 18
ACON closed down 6.14% on Tuesday, August 18th, with volume running 1.4× above average. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 2.5, 2.39 & 2.23, with resistance at 2.77, 2.93 & 3.04. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of ACON: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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