AJX 0.00% 1.2¢ alexium international group limited

The BS at the closing auction continues, page-41

  1. 1,909 Posts.
    lightbulb Created with Sketch. 44
    Instead of doing the holiday giant crossword you might want to have a look at this - it is the AJX chart inverted with the candlestick colours reversed as well. Looking at this as a trader - we have a triple top at resistance - overbought stochastic turning down - price action softening on the latest upleg after about 6 weeks - a false bullish  breakout in October - so would you be buying,  selling or mainaining a position right now?

    We still have people selling right now in the real non-inverted chart wich means that they are buying in the inverted chart, which looks like a bit like taking a punt against the evidence right now.

    At times inverting a chart can be useful in taking the emotion out of how to handle a decision, particularly with falling share price action where emotion takes over from logic.

    Daily Inverted
    ajx_ax04jul17_to_10jan18.png
    Last edited by ARMCH: 02/01/18
 
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1.2¢
Change
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Mkt cap ! $18.74M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $523 43.56K

Buyers (Bids)

No. Vol. Price($)
1 167949 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 251520 3
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Last trade - 13.49pm 01/07/2024 (20 minute delay) ?
AJX (ASX) Chart
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