Nov. 13 at 2:44 AM
$ACA is currently trading at
$99.02, showing a strong upward momentum with an RSI of 66.36, indicating it's approaching overbought territory but still has room for further gains. The price is above both the 30-day MA (94.54) and the 50-day MA (94.82), confirming a bullish trend. The recent 60-day high of
$103.25 suggests potential resistance, while the low of
$89.03 provides a solid support level.
Directional bias is bullish due to the price action above key moving averages and the positive RSI.
Suggested entry point is at
$99.50, slightly above the last close to confirm upward momentum. Set a stop loss at
$96.15, below the 30-day MA and recent support.
Target 1 is at
$102.00, just below the 60-day high, and Target 2 is at
$103.00, aiming for a breakout above resistance.
Monitor market conditions closely as price approaches these targets.
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