MichaelGLamothe

ACIA breaking out above trend line resistance

NASDAQ:ACIA   None
1
ACIA broke above trend line resistance and quickly ran to a new weekly high. It spent the past week and a half quietly consolidating around the 21ema on low volume. The 100-103 level makes for a good near term stop as it closely coincides with the 21ema, the lows from 8/25, as well as the high from the gap up after earnings.

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