ACLS: WEEKLY Elliott Wave Analysis
ACLS jumped channels; and, given recent catalysts, ACLS will follow Wave III up to $3.19 within the BLUE channel, then to $3.45, completing the Wave III.
The catalyst are the trend in earnings and growth of the fundamentals of the company passing under the radar of screener of not so not-so-astute traders and investors or others looking for a little more price action or need a little more fundamental confidence. It is both a great investment and a great company.
NOTE[/b]: Now, I put the small wave 3 around $2.90, however, the trend could be so strong that small wave 3 will be $3.19, where small wave 5 is. If that happens, then I anticipate that small wave 4 will be around $2.95, and small wave 5 to be at $3.35, which lines up with Wave III.
So, I am prepared to change my small wave measurement to reflect the health and mood of the wave of ACLS.
I don't predict moves, I just trade what is happening now and anticipate reoccurring patterns in price and volume of trades.
Here is ACLS with the zigzag:
The catalyst are the trend in earnings and growth of the fundamentals of the company passing under the radar of screener of not so not-so-astute traders and investors or others looking for a little more price action or need a little more fundamental confidence. It is both a great investment and a great company.
NOTE[/b]: Now, I put the small wave 3 around $2.90, however, the trend could be so strong that small wave 3 will be $3.19, where small wave 5 is. If that happens, then I anticipate that small wave 4 will be around $2.95, and small wave 5 to be at $3.35, which lines up with Wave III.
So, I am prepared to change my small wave measurement to reflect the health and mood of the wave of ACLS.
I don't predict moves, I just trade what is happening now and anticipate reoccurring patterns in price and volume of trades.
Here is ACLS with the zigzag:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.