Bullish
Fundamental
- Funds are accumulating
- Decent earnings
- Positive PE
- Positive PEG ratio
- Weak sector
TA
- Falling wedge price action = bullish if broke out
- Price broke out. Looking for a retest
- Currently resting below major S/R level
- Supported by POC
- Momentum theory broke out
ACTG CMP - $6.91
Looking bullish in higher time frame. One can go for Positional Trade Setup with the following entry, exit & targets.
Buy Range $6.90 - $7 ONLY / Stop Loss #5
Target 1 - $9
Target 2 - $12
Target 3 - $15
Disclaimer: This is my view and for educational purpose only.
ACTG, will slip down 50%, completing Wave-C and then, it could be either be bullish and may do 1-2-3-4-5 on higher degree, OR, it completed as (1-2-3-4-5) and currently completing (A-B-C) and will do with PT around 10.
Either ways long term is bullish.
Contextual immersion trading strategy idea.
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the...
Ascending Triangle, confirmed
Pros:
Descending volume during formation
Volume at Break out
Golden Star circled in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
250RSI above 50
200MA ascending
If confirmed:
PT = 6.25$
Acacia Research Corp. engages in the acquisition, development, and patents technologies through its subsidiaries. Its operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented...
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation...
Acacia Research Corporation, through its subsidiaries, invests in, licenses and enforces patented technologies. The Company's operating subsidiaries partner with inventors and patent owners, applying their legal and technology expertise to patent assets to unlock the financial value in their patented inventions. The Company's operating subsidiaries assist patent...
ACTG has been in a downtrend for several days and now shows sign of coming back to form. This is an aggressive trade because the trend hasn't shown that it will reverse yet but technicals looks good. Recommend a tight stop of 3.28 and target of 3.55.
ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level.
* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Short term Speculative Long
Entry Criteria- Current...
Keep this on your radar! DCF models ≈ 12.6-25.68, margin of safety >85% . VERY strong balance sheet and improving REV and FCF Q/Q.
The larger weekly picture picture shows a massive head and shoulders-which cannot be ignored, but we don't believe there is any good chance of it playing out.
On a shorter time frame the previous diamond pattern has been ...
ACTG on watch completing diamond pattern, breakout out to upside PT $7 , a 57% increase .
Due to positive fundamental reasons and positive weekly momentum it has better chance of breaking up.
