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About a month into the recently anointed recession of 2020 and at about the time when the S&P 500 was still scratching about the bottom, ACM Research (ACMR) brazenly streaked for the Nasdaq heavens. With (copious) market liquidity provided by the Federal Reserve, the stock brazenly put up solid gains in April followed by sweeping thrusts to the upside through much of May. ACM simply blew past its 200-day moving average (orange line) in the third week in March, leaving the S&P 500 benchmark (gray area) and close rival, Lam Research (LRCX