Alliance Creative Group Inc (ACGX)

[llessurK]

Stock pulled back to ma50 where there was strong support sitting there. Bids above that were sparse since there are still a few sellers left undercutting the last PPS on ask trying to liquidate out of the rest of their positions. Buyers on the ask buy on that side because they want their stock to uptick, not downtick which is why those sellers can’t get any buyers after some time and will just end up pulling the order and hitting the bid instead. Bidders won’t move up when they see sellers are already moving down. Once all that shorter term money is fully out, bids will start to creep up and buying will resume but we could consolidate in a channel here first flushing out a few more sellers along the way which I wouldn’t mind as it would set up for a more stable break above a penny. A little patience goes a long way with this stock and I can wait as long as supports hold. I first accumulated a boatload of ACGX at .001 last year and waited at least a month before getting a return on it so it all depends on how soon you expect to pay yourself.