Stock: ACEN
Company: AC Energy Corporation
Support: 6.93 / 6.60
Resistance: 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
Recommendation
If strong sentiment persists, this might be a trading opportunity, placing a stop loss level if falls below 6.60.
