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StevenMarkussen
14 de Mar. de 2019 9:21

what next 4 ACB Largo

Descripción

do we fill this gap or jump to 10 or 11

I would of bought back in at 8.60 ish 2day but had water in basement issuses

green line is off 2018 low
Comentarios
Barkworth
ACB does look extremely overbought on the daily. Looking at the RSI levels, and comparing historically, it doesn't stay overbought for long. I am thinking that if it would have the volume for another leg up, we'll see heavy profit taking, possibly filling the gap down, before settling around 8.50-8.60 end of day. If it doesn't have the volume, it will either trade sideways, or fill the gap down. I am more or less expecting the gap down with bulls buying the dip. I have set some cash aside to buy that dip.
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