ANX 0.00% 1.9¢ anax metals limited

triangle breakout coming, page-6

  1. 1,364 Posts.
    Be sure not to discount the Accumulation Bot that has been working on ARM for the past three sessions. It has the effect of artificialy altering the share price downwards as it is designed to give of the impression that the bid is always being hit by selling pressure. All it is trying to do is send sellers to the buy orders below.

    170 shares took ARM from $1.02 down to $1.00.

    200 shares would have taken them to $1.03 at close.

    The true close for ARM should have been around the $1.03 mark which would have positioned it for a run towards new highs.

    Anyway I guess time will tell which way it heads.

    I know where it will head if the overall market sentiment changes.

    IMO
    DYOR
 
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