In
ACMESOLAR Price is trending above a rising 50SMA with 20EMA > 50SMA. Multiple taps of the 302–310 supply lid (RW) with higher lows into the level. RVol ~3–4x today = strong demand.
Why now:
Tight coil above 20EMA; shallow pullbacks to the 50SMA show acceptance.
Volume buzz high; up-day volume dominates low-volume dips.
Prior rejections at supply; this attempt shows price sustaining near the lid.
Trigger & Entry:
Break/close >305–310 with RVol >1.5x.
Add on retest & hold of 302–305 as support.
Invalidation / Risk:
Thesis fails on a daily close back below the 50SMA or <270.
Cut if breakout fails with wide-range red + heavy volume.
Why now:
Tight coil above 20EMA; shallow pullbacks to the 50SMA show acceptance.
Volume buzz high; up-day volume dominates low-volume dips.
Prior rejections at supply; this attempt shows price sustaining near the lid.
Trigger & Entry:
Break/close >305–310 with RVol >1.5x.
Add on retest & hold of 302–305 as support.
Invalidation / Risk:
Thesis fails on a daily close back below the 50SMA or <270.
Cut if breakout fails with wide-range red + heavy volume.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.