I've counted a possible 5 waves down and think ACB hit a bottom for now. This is on a 1 hour chart and a possible ABC correction may happen next or we're in wave 3 up to go much higher. 2nd point is that ACB has down trended for 7 days and see this as a good bounce place. The big run up needs to be reflected by another counter wave up. The MJ index also bounced off the 10ema weekly, so this could time a counter move back up.