Likely the bottom in at 48 cents with selling volume receding - seeing some upside momentum but a bit of supply to mop up with 50 cents providing a bit of resistance after being support since early Jume. It looked line a 50 cent plus close was likely when someone dumped 100K at 15:37 when the SP was sitting at 51 cents which wasn't helpful. A bit puzzling seeing someone selling into what is looking like support - seems more like a buying opportunity, I bought a few today, just been waiting the past few days for once some positive signs to emerge.
Daily COB
AJX Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
