Hi Guys, Looks like AC8 is currently going to plan with a nice...

Hi Guys,
Looks like AC8 is currently going to plan with a nice uptick in volume and price.
Back in May-July 2018 when AC8 broke the 200 day exponential moving average we saw a clear retest and rejection as I believe this ema is a highly respected moving average over a long period. Lining up with past resistances throughout 2018, the ema looks like a solid price to let go of some short-term shares with a rough reward of 75%. Based on previous explanation of rsi and macd divergences, a bullish opportunity has presented itself. Breaking the yellow 50ema and making a new short-term high above .460 will mean a high likely hood of the $0.60-0.70 sell target. I believe the potential here highly outweighs the negatives if you have a stop loss and profit target.
Cheers