ACT (Acet) - Eyeing the Next Impulse Move?

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ACT has been forming a textbook bullish continuation pattern.↗️

After a strong impulse leg earlier this year, price has been consolidating within a symmetrical triangle, signaling a healthy correction phase.

🏹Today, ACT broke out of the triangle to the upside, indicating that bulls may be taking control once again.

📍If momentum continues, the next impulse move could push price toward the $0.15 resistance as a first target — a major psychological and technical level.

As long as the $0.050 support holds, ACT remains in bullish territory with upside potential in sight.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

Penafian

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