Actually if one was to look at a sixth month chart of ACB back in August you wouldn't have seen any support on the chart. I would have then extended the chart out to a year and immediately the support in December would have caught my eye and I would have been a buyer of ACB probably a couple days before the STZ news hit on the 15th. In all reality the STZ news was a part of it's turn around but you could also say it hit a historical support as well. The question is without the announcement of the STZ deal would ACB have turned around that day just based on support? I would say it probably would have but just not as dramatically.
i plan on staying in cgc very long(sons will probably inherit my account)... unless zombies attack and i have to fortify the farm bunkers... i like looking at charts each quarter--- and six month--nine month---and year.... match up with news timing/// of course whenever i have a little dry powder i look closer at the day to day to see if i can save a penny or two haha... cheers to the traders and the longs. may we all get along ,have fun and make that jingle... cheers