Last week I asked - Well, which direct will go - mid 3s or mid 2s? . We have an answer. Mid 3s. . ACW had a very good week, moved from 3 to 3.5 this week. Everything to like. . So what is happening? As I have been writing for sometime around levels, we are at a critical level of mid 3s. But there was a strong buying from early 3s. Some committed buyers. Question is - can they take it over the line? . Personally, I am watching and looking for signs, as I wrote last week. . So what could happen next week? I feel the play this week was good. It was not able to break the barriers, but gave a big hope that next play is more towards 3s, 4s and higher than 2s. No confirmation yet though. Lets hope we see the good work continue this week.
ACW Price at posting:
3.4¢ Sentiment: Hold Disclosure: Not Held
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