As AC was trading in triangle formation you see a nice pull back day on the 27th August, then a nice 'spring day' on the 28th. Both days have consistent volume as well.
Futures are up and things are looking good for this week. I expect a continued rotation for AC and CHR on the TSX. At least for now. The COVID cases in the states are coming more under control as the days go by.
Next resistance in the 18.50 area. If it breaks through, all bets are off, it already reached about 23 in June.
Trade at your own risk!
Futures are up and things are looking good for this week. I expect a continued rotation for AC and CHR on the TSX. At least for now. The COVID cases in the states are coming more under control as the days go by.
Next resistance in the 18.50 area. If it breaks through, all bets are off, it already reached about 23 in June.
Trade at your own risk!