with more negative news in the US I feel ABS will consolidate...

with more negative news in the US I feel ABS will consolidate this week before heading up. There seems to be some good support at these levels which is the square of 144 a natural square in the market. The stock has also come down to rest on a gann line of the first range out and it is indicating a strong upward move is due.

I still feel the stock will head to $230 then retrace and head up to the low $4.