AC - the stock in the spot light come monday

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AC = 580 (0.9%)

AC will probably take a beating come monday...

Primarily due to the bomb that was brutally placed to kill people inside the mall... (please offer a short prayer for all our brothers and sisters affected by this tragedy...)

Add to that the sell off that happened last Friday that sent US market indicators plummeting more than 2%...

Fibonacci retracements:
38.2% (healthy retracement - but unlikely to be a level of support) - AC most likely will breach this level

50% (halfway mark - might act as support but bearish sentiment might push the price lower...)

Note: AC floor price will be at 345...

MAs might act as support... I hope it does...

Good luck to all AC traders...

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