ACME Sports & Entertainment, Inc. (ASEN.PK) Closes Up 26.7% Friday – Up 380% this Week
After hitting a low of $.05 a share, Acme Sports shares soared to $.19 a share. Its 9 day EMA is also heading for a bullish crossover of MACD with increased trading volume. The trading indicators are neither overbought nor oversold shown by the RSI of 47. This stock has great potential for further gains as management recently retired 27 million shares to increase shareholder value and enabled the company to pursue prospective opportunities. Acme Sports and Entertainment is a training, management, and promotional provider to boxers and recently have begun to divest into other business units. Recently, ACME signed a…