Developer of high-speed interconnect modules for cloud operators ACIA should trade enough volume for a continuation pocket pivot. Earnings and sales are skyrocketing, ROE 55.7%, group rank 3. ACIA has been the outright leader pricewise. We mentioned ACIA last Thursday as one to watch for any constructive pullbacks. It had a low volume pullback on Thursday as well as using the "Livermorian" 100 price level as support on both Thursday and Friday.
Pocket Pivot Review - ACIA 8-29-16
|Published:||29 Aug 2016 19:15 ET|
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