3 years ago

ACX Cup and Handle

Aconex Limited (ACX) is a cloud collaboration platform for the global construction industry. It provides an online collaboration platform for
construction and engineering projects. It offers its platform for document and process management, and projects communication applications.

ACX daily chart has the primary up trend with the long term trend line showing support from a nice Cup and Handle pattern.
Often with this type of breakout a retest of the break level will occur, that level is $4.40.
The stop at $4.27 should be set on any pull back type of entry.