Clear bull pattern here with ACST
Acasti Pharma, Inc. engages in the development and commercialization of pharmaceutical applications of its licensed rights for cardiovascular diseases. It focuses on the research of prescription drugs using omega-3, fatty acids derived from krill oil. The company was founded by Henri Harland on February 1, 2002 and is headquartered in Laval, Canada. SHORT...
Could be a big run. Looks like this stock is running cycles. There is also a chance it could fall flat. Wait for confirmation.
We first recommended $ACST to our subscribers when it was trading at $1.01 a share. Many missed the exit and are still asking what levels to trade $ACST off of. The fibonacci retracement levels provide a good indicator to go off. Good luck to all!
ACST - heavy resistance at 1.16 will be watching for a beat high of day if this reaches 1.33 will possibly get in long, but if this shorts will be looking for a bounce or a short if this tries to match 1.33 hod
Since breaking-out last October'18, ACASTI PHARMA INC - NASDAQ:ACST has been trading in a side-ways grind with no real progress towards higher levels to speak of. However, we've been monitoring the action closely for some time now and it appears that ACST may just be starting to pick its head up as evidenced in the Daily chart above. With the stock trading...
ACST broke upward passed our MA, it is between a major support and resistance line. Way to early to call a buy or sell. the next few days will be key. if says above the support we will take a position and target 5% easy
That is a very risky play but with all shorts covering up we can go to 3$.
Fib time zones align -#connect4 major- bounce later minor(dead-bounce-fall--*bounce) pattern made@ \90,120,160--=90 drop with another 90 bounce/160, $precidtion
downtrend seems to be over, watch for breakout TP to 1.15, even more possible if volume kicks in
No Position until it closes the gap and stays over $1.15