is it just me or is someone accumulating aexo, page-5

Not accumulation...

Just normal trading.

Buying was understandably careful on the options today...perhaps due to the fact the heads need to break and hold the 3.4-3.5c level before the options can really justify the current prices.

The close was not particularly exciting in the heads either, with a manufactured match-out giving a fairly unconvincing 3.5c and a preliminary buy signal on the charts.

It may well run from the bell tomorrow, but my guess is for a relatively flat day around current numbers...which frankly, I suspect might be needed to confirm support.

Still a bit of work ahead of it, with genuine resistance up ahead...but nothing a well timed announcement can't fix?

For what it's worth...if it runs tomorrow without major volume, there is a real risk it will be doing so without the proper foundations in place...in which case, I'll more than likely sell a few to take advantage of a possible trading opportunity.

Was a good day for buying today however.

Cheers!