Thought I'd give a bit of a charting perspective on Acrux. I sold out of it a couple of weeks back around $4.20 and saw that it made a new high last week.
Need to be very wary at this level I think. The last couple of candles indicate a possible topping pattern. A gap up shooting star above the all time high with a close below and then a long-legged doji today.
Still a good company, but I'd be looking for lower levels.
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