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Is ACON likely to continue higher? Reversal New Highs Setup shows up after soaring 7.52%
ACON closed up 7.52% on Thursday, September 18th, with volume running 3.9× above average. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Wide Range Bar, Upper Bollinger Band Walk, Reversal New Highs Setup, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 7.61, 7.01 & 6.62, with resistance at 8.6, 8.99 & 9.59. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ACON: D
More technical signals and insights for ACON → Visit SwingTradeBot.com
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