Now that we have had a refusal...I suspect three serious attemps at 4c before it falls with confirmation.
Today was the first...the next two may happen over several sessions or in one day.
Need volume to move forward...low volume will likely result in a retest of the 3.4-3.5c level, the importance of which I have previously spoken of...high volumes could well see the shares trading above 4c sooner rather than later.
As I see it, 3.7c was the trigger number today...it may well now become the pivot number around which trading occurs for the next session...or two?
No specific time frame...but week-on week I am expecting a very bullish chart.
Cheers!
AEX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held