Thoughts on why we’re going up? Is anybody here anymore? | ACAD Message Board Posts


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Msg  19605 of 19625  at  8/19/2022 6:41:51 AM  by

warlord_2010

The following message was updated on 8/19/2022 6:42:39 AM.

 In response to msg 19604 by  ddon158
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Re: Thoughts on why we’re going up? Is anybody here anymore?

 
Could be a purely technical move. The stock broke through, then successfully tested, the 50-day moving average. Also, the MACD is just barely positive (black line above the red line), suggesting the smart money is again dipping its toe in the water.
 
 
Next resistance: a little over $20.
 


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