ACMR looks poised to make another short term move to the upside, The stock has been in an uptrend on the 60 Minute chart since the 06/09/2026 low of 74.19. After hitting a short term high of 127.19 on 06/30/2026, ACMR has undergone a correction down to 114.37. The 5 Day RSI is now in oversold territory, as is the derivative of the MACD. The stock now looks poised to make another run up, with a preliminary target at the Upper Bollinger Band, which is just above 127. These set-ups typically play out in 1-3 days.
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