November 18, 2016

ACC Near Long term up trend line

  • ACC Month chart.
  • Up trend line Drawn from the 2008 Lows.
  • Price likely to test this line again. ACC Bulls need to stay above this line to keep the bullish structure intact.
  • If the up trend line gets violated then February low of 1174 is likely to be tested. So ACC Bulls need to hold onto the up trend line to avoid further weakness.

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