xxshift

xxshift

Whether it's the news that Germany can now trade $ACH or simple charting. $ACH is currently bouncing off of it's previous August 6th resistance line of $.06XX. As of writing this idea, it has trying hard to break through the first two barriers ($.0735 and $.0800) of a 7 day Fibonacci retracement, and is fighting it's way up past sellers trying to reclaim their...

xxshift

Looking at some $ACH trends here and this is definitely bearish. ACH is not finding the support it needs in $.09 or $.08 or $.07; and seems destined to land back on its $.06 low before the rocket launched on August 6. It is seriously oversold on just about every metric, and is due for a bounce. Without much REAL news behind it and shaky retail buyer support,...