the share managed a relatively convincing break in the first hour from the consolation pattern that had been forming for a long while. .. i.e. triangle... however the resistance at 37 although broken for part of the day seems to have come back to hold the price down due to wider falls elsewhere in the market. I felt we saw pretty good buying and for a more speculative share it held up well. The gap may close if we see wider weakness which could also retest the broken triangle from above. This will be a good point to see a bounce perhaps. A test of nerves in this market ....
AEV Price at posting:
36.5¢ Sentiment: None Disclosure: Held
