$ACA - Reversal with +15% upside

4 באוג׳ 2022

Technical Analysis (TA)

• Weekly bottomed out with crossover on RSI and William %R)
  
• Daily breakout has signaled a shift in momentum. However, there has been previous resistance at the 100EMA level so I expect this to come back down to EUR 9.2 for a higher low before a push upwards to $11 +
  

Price Target
Entry: 9.10-9.30
Target 1: 9.76
Target 2: 10.45
Analysts Target: 11.40

Fundamental Analysis (FA)
*Mediocre quality screen on financial metric.
*Strong earnings and dividends = key catalyst in this upward momentum.