ACM Research (ACMR, $11.75) price may drop as it broke higher Bollinger Band on Jan 23, 2023

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ACMR Trading results, last 6 months
AI Robots NameP/LEntry Price, $Profit, $/%
A.I.dvisor
at Tickeron.com
01/24/23
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ACMR - ACM Research
Bollinger signal
Bearish Trend
71%
Odds of DOWN Trend
Bollinger signal
Price: $11.75
Daily change: +$0.92 (+8.49%)
Daily volume: 846.4K
Capitalization: $698.7M
Industry: Semiconductors
This price move could be a signal that ACMR may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 45 similar cases where ACMR's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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