Very tinteresting that AC.B closed friday at 1,01$ after having a good run to 1,03$. It happened at the very end of the day where 0,02 were taken off the last price.
So today there is, at this time, almost no sell order under 1,04 and even there after everything is clear up to 1,10 as only about 300K shares are on the sell side.
So for a quick play i will make enter at 1,01 (still some left at this price) and make an exit point over 1,06.
There is good support this morning between 1$ and 0,99 and this is limiting the down side.
If you want to play it a bit longer, there is a very high possibility of a coming great leg up. Results are good and fuel cost is still on the down side.
I would not be surprise to see AC.B going around 1,45 before year end especially with the talks about pension funding that could be extended by antoher 10 years helping a lot AC.B.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
So today there is, at this time, almost no sell order under 1,04 and even there after everything is clear up to 1,10 as only about 300K shares are on the sell side.
So for a quick play i will make enter at 1,01 (still some left at this price) and make an exit point over 1,06.
There is good support this morning between 1$ and 0,99 and this is limiting the down side.
If you want to play it a bit longer, there is a very high possibility of a coming great leg up. Results are good and fuel cost is still on the down side.
I would not be surprise to see AC.B going around 1,45 before year end especially with the talks about pension funding that could be extended by antoher 10 years helping a lot AC.B.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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