American Commercial Lines Inc

For today's chart we've chosen to take a look at American Commercial Lines Inc. (Nasdaq:ACLI). As you can see from the chart below, we've identified an inverse head-and-shoulders pattern, which may be used by short-term traders to suggest that the stock is getting ready to head higher. Technical traders will likely watch for a break above the nearby neckline and then set their target prices at the resistance of the 200-day moving average (currently near $29.75).