$ACE — This one may still have more downside ahead.
The price bounced and surged around 30%, but trading volume hasn’t returned with the move. That divergence raises the possibility that the rebound is being used to distribute into strength.
If the price retests and breaks the previous high but fails to hold, that could be a key signal to watch for a short setup.
Stay cautious and manage your risk.
The price bounced and surged around 30%, but trading volume hasn’t returned with the move. That divergence raises the possibility that the rebound is being used to distribute into strength.
If the price retests and breaks the previous high but fails to hold, that could be a key signal to watch for a short setup.
Stay cautious and manage your risk.