[isatrader]

ACM is an interesting one. It's formed a large Stage 3 range through the last year, but had a failed breakdown attempt in late 2013 and has now moved into a higher tighter range that held above the 30 week which has began rising again. It's testing the top of that new Stage 1 range at the moment and today has seen some big relative volume and so could be set to attempt a new Stage 2 continuation move, which if it does do could see it move to new multi year highs. Attached is the charts.