That 3800 level is the obvious support level (old lows) and a bounce can be expected there. However, that just creates a double bottom which we all know rarely ends trends. The bounce will be an excellent shorting op imo. ACB can probably go sub 9c when the XJO gets down to 3800 and bounce with the XJO before both double bottoms are taken out.
My opinion only.
EC
acb potential is enormous, page-19
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