ACMG - I like this Bottom Buster for these reasons -
1. The stock has traded down to the 3 cent support level. The stock in it's entire existence has tested the three cent support level many times but has never traded through this level in any permanent or convincing manner. This three cent support level is very significant and very strong.
2. The MACD leading indicator is about to cross over the trailing indicator, sign of strength forming behind the stock.
3. The 8 Day Aroon, which is used for timing, reveals that the Aroon Down (Red Line) has peaked at 100, where the downside pressure is at it's strongest, and is now heading towards zero which indicates the real selling of shares is coming to an end. Now that the Aroon Down is heading towards zero, expect the Aroon Up (Green Line) to start gaining strength and heading towards 100.
4. The Fast Stochastic shows the stock is in an oversold condition, you can see by viewing what happened in the past when the stock was in this oversold condition that the stock reacted up.
5. The Full Stochastic also shows the stock is in an oversold condition, again you can see by viewing what happened in the past when the stock was in this oversold condition that the stock reacted up.
6. Again the Williams also shows the stock is in an oversold condition, again you can see by viewing what happened in the past when the stock was in this oversold condition that the stock reacted up.
7. The CCI also shows the stock is in an oversold condition, again you can see by viewing what happened in the past when the stock was in this oversold condition that the stock reacted up.
8. And finally the Accumulation / Distribution oscillator seems to confirm that the distribution has lost strength and in fact all the smoke and mirrors I have seen on the L2 ASK while buying shares myself this week is all part of the nature of ones ability to accumulate a significant position while accumulating shares.
For these reasons I think ACMG has lots of short term potential ahead of it as we go into next week. The reaction and strength of a stock reacting up off an extremely oversold condition often times produces much greater gains than a stock not in this type of position.