very bullish on the stock. channel breakout, good volumes, RSI divergance.
the stock was consolidating near the bottom of listing day marubozo candle. looking at the 4 hours and 1-hour chart. the stock has given a breakout from the consolidating zone. It would be interesting to see if the stock will sustain that break out. if stock sustains the breakout we may see the price of 214 to 216. and if the stock gives a breakout from the 214...
the stock is consolidating at a very crucial resistance level. A convincing close above the resistance zone will be a sign for a healthy up move.
the stock is trading in a range for quite some time, seems like the correction is going to resolve. if the stock moves out of the channel. then we may see fresh up move.
ACE is consolidating for quite some time now. the stock has registered a close above the resistance line today. the RSI (daily and Weakly) have given good close above 60 levels. if the stock sustains above the resistance level. we may see a good break out.