A Mega Sonic Bullish Pattern is Detected

ACMR is trending higher… July 29, 2020 UNSUBSCRIBE |ARCHIVE If You Use Apps, a Smartphone or Online Banking… You’d better read this. Because, says world-famous futurist George Gilder, we’re headed for a stunning $16.8 trillion reboot that could impact the way you use every single one of those modern tools. It could also radically transform the way you get paid, the way you save and — maybe most of all — the way you invest for retirement. It’s all in his brand-new presentation — you’ll find it at this link. What you’ll see could change our way of life, the way microchips did. The way the internet did. The way smartphones have. And, says George, it could make you exceedingly rich — click here to see why. A Mega Sonic Bullish Pattern is Detected Dear Chart Of The Day Reader, Yesterday, we looked at a Daily Price Chart of DaVita Inc. noting the stock’s 50-Day EMA is trading above the 100-Day EMA. Today’s Chart is for ACM Research, Inc. (NASDAQ: ACMR). ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase of mega-sonic waves to deliver mega-sonic energy to flat and patterned wafer surfaces in a uniform manner on a microscopic level; timely energized bubble oscillation cleaning equipment for two-dimensional and three-dimensional patterned wafers at advanced process nodes. The Daily Price Chart below shows that ACMR has traded in a clear bullish pattern of higher highs and higher lows since mid-March. Track the Price Chart from lower left to the upper right... This bullish trading pattern points to a further advance. You see, typically stocks that make a series of two or more higher highs and higher lows reliably continue on in an upward trend. But it’s important to note that strong stock rallies have pullbacks along the way. These pullbacks present a buying opportunity for us. Purchasing ACMR after a 3-5% price pullback has provided a good entry point for the stock during this run and has produced a healthy return. We’ll keep watching ACMR as it tops its previous highs and waiting for price pullbacks. Best Regards, Chuck Hughes Editor, Chart Of The Day Is It Possible To Retire in 100 Days or Less? Sick of your job or current occupation? Want a new life but don’t have the income to start over? While it’s still relatively unknown, this lucrative “side hustle” could be your way out. You can earn your first passive income check in as little as two days. That’s just one of hundreds of retirement secrets you’ll find inside the ULTIMATE RETIREMENT KIT. Click here to learn how to claim yours today. If you are having trouble receiving your Chart Of The Day subscription, you can ensure its arrival in your mailbox by whitelisting Chart Of The Day. © 2020 by Chart Of The Day. All rights reserved. This newsletter may only be used pursuant to the subscription agreement, and any reproduction, copying or redistribution (electronic or otherwise, including on the World Wide Web), in whole or in part, is strictly prohibited without the express written permission of Laissez Faire Books LLC, 808 Saint Paul Street, Baltimore, MD 21202-2406. To end your Chart Of The Day e-mail subscription and associated external offers sent from Chart Of The Day, click here to unsubscribe. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. If legal advice or any type of assistance is needed, please seek the services of a competent professional. This material, produced by Chart Of The Day, is for informational purposes only. All technical information, instruction, and advice, reflect the beliefs of Chart Of The Day and are intended as informational only. Chart Of The Day is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Laissez Faire delivering daily email issues and advertisements. Please read our Privacy Statement. EMAIL REFERENCE ID: 401CODED01