ACI Worldwide ($ACIW) flags fresh “GO” trend

ACI Worldwide ($ACIW) flags fresh “GO” trend


June 2022


Alex Cole

$ACIW has been in a strong "NoGo" trend that saw price fall in May to just under $25.50.

We saw GoNoGo Oscillator break out of a max GoNoGo Squeeze on heavy volume last side into positive territory. This anticipated GoNoGo Trend being unable to paint "NoGo" colors and we saw a couple of amber "Go Fish" bars interspersed with pink "NoGo" as prices climbed from the lows.  Now, on the last bar, we see an aqua "Go" bar letting us know that the technical environment has changed to a "Go".