Retest on Monthly chart for Action Construction #ACE
ACE is currently retesting the BO on monthly chart after almost 6 months of BO. Has sustained well above the BO neckline for Nov & December till date. A monthly close above 199 should keep intact the support.
A move above 235 will give a strong 14 year BO, target of 29I previous ATH. RSI seems to have given a positive divergence, monthly RSI above 60.
Disc : Invested, holding from lower levels. Not a reco to buy or sell. Please have your won research before taking any buy/sell trade
A move above 235 will give a strong 14 year BO, target of 29I previous ATH. RSI seems to have given a positive divergence, monthly RSI above 60.
Disc : Invested, holding from lower levels. Not a reco to buy or sell. Please have your won research before taking any buy/sell trade
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