Browsing "ACR"
Feb 7, 2013 - ACR, Stock Analysis    No Comments

Shooting Star on ACR

Last January 22 we thought we saw Double Bottom on ACR?which prompted us to take position. Yesterday and today it rallied but it looks like it is about to reverse following the Shooting Star candlestick pattern. Although our candlestick today is green and Shooting Stars have a low reliability, we still need to be careful. [...]

Jan 27, 2013 - ACR, Stock Analysis    2 Comments

Double Bottom on ACR?

This stock went up last December 28 following the Dragonfly Doji candlestick at the lower band going up to the upper band before taking a cue from the Shooting Star to go down. The last candlestick showed another sign of reversal with a Dragonfly Doji but this time the tail (lower wick) is not that [...]

Oct 14, 2012 - ACR, Stock Analysis    No Comments

ALSONS CONSOLIDATED RESOURCES

Looks like ACR will go sideways for now as candlestick doesn’t show any bullish nor bearish sentiment. Its price last Friday went to touch the 50% Fibonacci Retracement level but bounce back to close halfway within the nearest resistance and support. Cup and Handle formation looks dim as the cup is more of a V [...]