this is the next (very important) stage after an accumulation phase - looks to me like the supply overhang or strength of supply, is being tested today - if the resistence at these levels weakens on this test, it will be time for a run up . The proof will be on the close - my guess is volume will be good today so the success of this test will be a close near or on the highs today. See you EOD to see whether this test succeeds or fails... could be an important trading day today for AIM :)
ECN.
supply strength being tested today
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Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.48M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.5¢ | $24.68K | 62.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35851 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 14255 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AIM (ASX) Chart |