AOBC opened way up, around the $10.00 level, and then retraced a lot further than I expected, to support at about $9.37. This is a good price to grab for a likely slow gain throughout the day. AOBC posted a great earnings beat yesterday, but mixed guidance-- thus the retracement.
Comment:
Retracement has gotten lower than I expected this morning. We may get as low as yesterday's close. I still expect upward reversal, though.
