ACB not looking bullish

498
Healthy consolidation after a substantial bounce. Underlying weakness still. Bulls will have to sustain volume to keep her over $2. I don't think that is a likely scenerio. If the bears take over again, we'll see a retest of $1.90 and possibly the lower levels. Earnings due in March. I don't think we can expect anything in terms of news from ACB for now. Though this is one of my favourite companies in the industry, I think we're looking at more downside ahead...

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.