FREE Technicals Talk: ACEN (22 Dec 2020) by AP Securities
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Our Partner Broker’s Analysis and Opinion
| Stock Code | Company | Broker | Opinion Issued on | Support | Resistance |
|---|---|---|---|---|---|
| ACEN | AC Energy Corporation | AP Securities (formerly Angping and Associates Securities) | 22 Dec 2020 | 6.93 / 6.60 | 7.68 / 8.00 |
Rallied 8.3% setting a new all-time high at 7.15, backed by strong momentum and volume.
The absence of a resistance level might strengthen its potential to extend its rally as momentum was able to revisit the RSI70 level.
- Breakout
- Strong momentum
ACEN could test the next resistance levels at P7.68 and P8.00.
Our Partner Broker’s Recommendation
If strong sentiment persists, this might be a trading Buy opportunity. Place a stop-loss if stock price falls below P6.60.
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OTHER TECHNICALS TALKS FOR THIS STOCK
See all the most recent Technicals Talks for this stock below.
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AP Securities (formerly Angping & Associates Securities)
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