A1N 0.00% 62.0¢ arn media limited

breakout and sell side shrinking

  1. 677 Posts.
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    Technically APN has made a double bottom and yesterday it broke through overhead resistance at 45 cents.

    Twice as many buyers wanting twice as many shares than the sell side.

    Huge volume yesterday.

    I wonder what is going on in boardroom and in the offices of fund managers (who are the only ones with the deep enough pockets to be pushing APN higher).

    Hmmm. Interesting. I hold. DYOR.
 
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