I am watching the potential for a bearish-reversal Head&Shoulders pattern printing on the , and will be watching the on the hourly chart on the next move for clues if we will continue our daily uptrend or fall back down to test our key support levels.
Resistance for the bulls to start to turn things around is 12.17, followed by 12.60. KEY MUST HOLD support is 11.44. Losing $11.44 puts us in a range with a minimal amount of support - I see a lot of support just above $10.00, at $9.06, and the gap on the $8.64
Do you have any updates for ACB according to Friday market transactions? I see the volume was decreasing but the stock closed the day not bad. I sold all my shares on 12.25 and was looking to get in on 12.00 but did not have a chance..not sure what to expect on Monday..