Looks like the bears still in control but maybe an inkling that they might be less so. The price action action today showed some resilience by recovering and finishing above the 50% retrace level despite hitting 44 cents. The lower tail on the candlestick is a better sign but still uncertain until we see some green. It would be very comforting if 44 cents held as support.
This zone around 44 cents has history as the prior significant low back in mid 2015 which is obvious on the monthly which I have included. Looking at the monthly it is apparent that Alexium seems to be caught in a repetitive cycle for the most of the past year of 2 up months followed by 3 down months. As Yogi Berra once said it looks like Deja vu all over again.
Daily COB September 12th
Monthly log
TA discussion, page-5791
-
- There are more pages in this discussion • 550 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AJX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.49M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 484425 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 706022 | 4 |
View Market Depth
| Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
| AJX (ASX) Chart |
Day chart unavailable