Technical Analysis ACEN

Stock: ACEN
Company: AC Energy Corporation
Support: 5.80 / 5.30
Resistance: 6.50 / 6.93


Consolidating the range of 5.80-6.90 level correcting from its recent high of 6.93.

However, selling pressure is still intact as ACEN resides on overbought levels and weaker volumes. Thus, further correction may occur.

  • Overbought
  • Consolidation

Recommendation

Top slice.

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Technical Input: ACEN | November 24, 2020
Technical Input: ACEN | October 20 ,2020

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