Jan. 18 at 12:46 AM
$ACIW is fighting an uphill battle into month-end as it slides under the
$43 mark. 📉🏦
The technicals are currently in a "Strong Sell" regime with price trading below the 50 & 200-day SMAs, but the long-term "Moderate Buy" consensus and
$60 price targets suggest the bottom-feeders might be waiting for the
$41–
$42 floor. With earnings not expected until late February, the current flow is dominated by technical weakness and negative sentiment. If we can't reclaim
$45.45 soon, the retest of the
$41 zone looks incoming.
Key Levels to Confirm:
🐂 Bulls: Must reclaim
$43.77 (R1) on volume to stall the slide and target a move back toward the
$45.45 pivot resistance.
🐻 Bears: A clean break below
$42.36 (S2) opens the trap door for a move toward the
$41.83 February "expected move" floor.
#hovdid