Make or Break for ACB

By dburke44
Didnt like how ACB closed weaker than the other 2. However it is normally the laggard of the bunch lately. If the other 2 rocket they should pull ACB with it and it could once again be the steal. I can see 7.39 holding nicely as you have 14 supports some dating back as early as the start of Dec, However if it doesn't you will see this hit that 200 day MA at $6.21. Boom or bust here with a good chance at a reward. If you are looking to buy set your stop at 7.25 and hope for the best. I will be playing the bounce but I wont be holding for more than a day at a time.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer