ACC long term view ( 1W )
ACC performance since the 2020 market crash. Let us discuss some important points regarding to acc stock.
After the crash, it perfectly formed a channel pattern. In that it faced 3 supports, 2 resistance. As per Fibonacci retracement once it got tested 0.38 level now it is present 0.24 level. And also there is an important resistance zone nearer. After that, there will be a huge breakout let wait for it and be ready to grab it.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading.
Disclaimer:- It's just for educational purposes.
After the crash, it perfectly formed a channel pattern. In that it faced 3 supports, 2 resistance. As per Fibonacci retracement once it got tested 0.38 level now it is present 0.24 level. And also there is an important resistance zone nearer. After that, there will be a huge breakout let wait for it and be ready to grab it.
Please LIKE you are convinced with my explanation, if not let me know in the comment section. I am eagerly waiting for your reply good or bad just reply. Thanks for reading.
Disclaimer:- It's just for educational purposes.
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