ACR 1.69% 5.8¢ acrux limited

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  1. 57 Posts.
    ACR has pushed to res at 1.70/75 and retreated hard last couple days back to massive support 1.40 level
    as we speak volume just under 0.5m has tested and rejected the 1.40.
    It has been a very healthy pullback and has taken out a decent whack of weak longs.
    With Phase III results coupled with roadshow nextweek stock technically and fundamentally well positioned to take out res 1.70/75 for run through 2.00 by years end.
    Also surprising a media conference called for tues before results.... v positive.
 
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