Alright, $ACM definitely had an interesting spike there a couple of days ago, shooting all the way up to 1.38 before quickly getting sold right back down.
That's a classic wick and shows strong rejection at those higher prices.
Since then, it's been pretty much sideways, consolidating in a tight range between around 0.83 and 0.88.
Volume has died down significantly since that initial pump.
Currently sitting at 0.85.
This looks like a period of accumulation or distribution. If it can break above 0.90 with some conviction and volume, we might see another attempt higher.
However, if it breaks below 0.83, especially on higher volume, we could see it test the lows around 0.78 again. Right now, it's a waiting game for a clear break in either direction.
Stay patient.