Have we finally busted out of the downward Channel?
Updated
Morning will Tell. In my opinion yes. Weed and the others should drag ACB out. I drew the white and Yellow Lines back in mid March and they have held up until now. ACB did drop back down just inside the channel but a great open should turn that yellow line into resistance. I wouldnt buy this one until that is confirmed. You are looking for a break of 8 and a retest there. I will be looking to buy on the second touch of 8. Looking at the daily between 8.15 and 8.20 we should see some resistance followed by 8.50 and 9.00. I think this is still the weakest of the Big 4 right now and there are better choices. A break and hold of 8 should see a nice green day if we cant bust through or lose 8 expect it to sink.
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BIG UPDATE!!!!! CRON same channel as APH and ACB only a day ahead.
CRON:
APH:
ACB:
Same downtrend same sideways action.... Same Breakout? Ill be watching.
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