Is $ACR showing weakness after the false breakout?

Technically, Alsons Consolidated Resources, Inc. (PSE:ACR) price action on 30 March 2015 was a breakout from months of consolidation however, it was a false breakout after a high of 2.36 and closed at 2.14.  As of April 7, 2015, $ACR last traded price is 2.04 which is already in the bearish zone in the short…