Arcelormittal hit Target 1 at R3.44 and now there's trouble

ACl broke below a massive Inverse Cup and Handle. And only today did it hit the Target 1... If the price continues to drop, we can see this going into cents territory.

Right now price is king, so no matter what you're reading with projects and strong fundamentals - this is where people buy and lose their shirts because the market continues down OR continues sideways for a long period of time.