Panjang
What will Monday Bring?

I am still very optimistic in regards to where ACB is going in the very near future, and I personally believe Monday might bring some admittedly needed, but nonetheless positive momentum. Here are several reasons why:
1.The reaction to the trend-line hasn't changed since the beginning of the year, and that point re-emphasized itself earlier today.
2. The bears were declining in volume at the close of the bell.
3. If you notice the trend line I placed inside the RSI you will see that heavy buy-ins usually start from 49-51-ish and that is exactly where this sideways activity is occurring.
4. The Stochastic RSI shows the same consolidation in a bottomed out area on the chart indicating that an upward breakout is likely.
5. The Volume Weighted MACD with Sentiment (very cool indicator!) is moving from a bearish red histogram to a yellow to a ....Gotcha! See Monday mornings opening for the rest of the story :)
Warning: I have been known to be WRONG before, so please do not take this as financial advice. Good luck with your trades!
1.The reaction to the trend-line hasn't changed since the beginning of the year, and that point re-emphasized itself earlier today.
2. The bears were declining in volume at the close of the bell.
3. If you notice the trend line I placed inside the RSI you will see that heavy buy-ins usually start from 49-51-ish and that is exactly where this sideways activity is occurring.
4. The Stochastic RSI shows the same consolidation in a bottomed out area on the chart indicating that an upward breakout is likely.
5. The Volume Weighted MACD with Sentiment (very cool indicator!) is moving from a bearish red histogram to a yellow to a ....Gotcha! See Monday mornings opening for the rest of the story :)
Warning: I have been known to be WRONG before, so please do not take this as financial advice. Good luck with your trades!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.