ACIC on the daily chart looks like a solid swing trade until at least the next earnings. The last trading session had a hugh 10-15% move with a corresponding spike in buying volume. The earnings report is about a month away. I will drill down to a 120 minute time frame and look for bottom pivots from which to accumulate a position for the pre-earnings run...
1. Find a rule of the trend. - Uptrend when Higher High (first) and Ema21 above Ema50. - "Bull reject" when Swing Low was between the range of "Ema21 and Ema50". 2. Opens to trades rule. - Higher High again (second, third...). - Opens to a buy when price retest the range of "Ema21 and Ema50". 3. Target: last Higher High. 4. Stoploss: ema50 of the last Higher High.