Axcelis Technologies, Inc.
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ACLS UPDATE: Monthly, Weekly and Daily Analysis

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FROM A DAILY PERSPECTIVE:ảnh chụp nhanh
ACLS found support in my buy area. It is now in a bullish ascending triangle. Another interesting thing is that it has made a daily and weekly divergence pattern with volume and my other indicators (RSI, PVT, etc.), just as highlighted by the bulky RED marks on the chart. This means that there is a good probability that it will reach or surpass 2.94.

This further supports the monthly trend: ảnh chụp nhanh
FROM A MONTHLY PERSPECTIVE:
ACLS pulled back and found support at the a 50% Fib level, into my Trading Zone and horizontal support. Then, this month it rallied from there. Volume looks good so far as well. From an Elliot Wave view, it looks like we are in the
beginning of Wave 3 on a Monthly Chart. Target is tentatively 3.69 for the end of Wave 3.

FROM A WEEKLY PERSPECTIVE: ảnh chụp nhanh
Targets remain the same and are still intact: Target 3.69.

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