AKK appears to be in a bearish medium term trend within a longer-term uptrend. Although the 200-day moving average is rising, the MACD is bearish(However has crossed over).
Momentum for AKK is strongly bearish. The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower.
All of this is thrown out the window with a price sensitive announcement. Today's buying seemed bullish.
AKK Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
