Potential Breakout on ACAD?

12 thg 7, 2018

Managed to find a clear line of support on ACAD at the base of a descending triangle (previously a support line, but acting as resistance now) and have a breakout attempt, which seems to have been shot down by the bulls, however, we have a few green candles breaking out currently, but have not had a confirmation of support. Does anybody have any thoughts on the matter?

12 thg 7, 2018

Ghi chú

Also, note that the volume on the minute chart is less than the 5 and 20 day moving averages.