pnf chart

For something different to many, here is a Point and Figure chart (PnF) for AKK

Wyckoff recommended the use of PnF charts because they show the market phases clearly and give us good clear signals.

In the case of AKK, SP has been marked down sharply from it's highs and has now gone through an extended period of accumulation. The support at 2.5 has cosistantly held with the exception of a couple of recent springs to test this support level.

Current levels seem to be good for entry according to Wyckoff criteria with a downside to 2.2 and upside to the top of the accumulation channel of 4.4 and a "jump" above this level would see targets of 5.5 7.5 and 10.5

These are just my observations and you should do your own research before making any investments.