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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