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Expansion Breakout appears for ACON after 14.63% move
On Friday, September 19th, ACON moved up 14.63% while volume was to 7.8× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Wide Range Bar, Upper Bollinger Band Walk, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 8.74, 8.09 & 7.67, with resistance at 9.81, 10.23 & 10.88. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of ACON: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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