$AKS building bullish consolidation off of low Th
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$AKS building bullish consolidation off of low
This is a light volume holiday shortened week so I doubt much will change on this daily chart. However, the chart is showing early signs of bullish consolidation right at about my point of entry.
This stock has been hammered and it is oversold and should retrace back to the MA's shortly. This is a bit of a longer term play, but that doesn't mean I don't want to see a pop. We won't have a mature pattern until at least the middle of the next week.
[IMG]http://i.imgur.com/192zm.png[/IMG]