Have a 3day chart (3days equal 1candle) it will provide a slightly longer term view of AJX
(the last candle is today only ie. needs another 2days to complete)
The Selling Climax
The pain of previous falls will panic the herd into selling. This will give the pro money the opportunity to place substantial amounts of money into the market at bargain prices. Ultra wide spreads down, with exceptionally high volume, usually closing on or near the highs of the day. If the price action does not close on the highs but on the lows and the next day is up closing on the high, this can be regarded as similar action. characteristics of a selling climax .. abnormally large volume, wide spreads, an acceleration of the downtrend.
AJX Price at posting:
50.0¢ Sentiment: None Disclosure: Not Held
