A Bullish Bottom Triangle has formed on Acrux. This bullish signal indicates that the price may rise from the last trade of A$3.07/sh to the range of A$3.65/sh to A$3.95/sh. A Bullish Bottom Triangle is considered a bullish signal, marking a possible reversal of the current downtrend. The pattern is formed during a downtrend and shows two trendlines converging. The technical event occurs when the price breaks upward out of the Triangle formation and closes above the upper trendline, thereby confirming the pattern. NOTE: US Axiron 2026 Patent Decision Due In The Near Future & Could Drive a Re-Rate.
ACR Price at posting:
$3.07 Sentiment: None Disclosure: Not Held
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