As a long termer, I take a lot of these chart predictions with a grain of salt. I included AJX in my super as soon as AJX joined the ASX 300 back in March.With every announcement since then, I have been topping up, with the knowledge that at some point in time there will be a reversal. That reversal being based on my belief in the company becoming cash flow positive prior to the end of this year, with recognition by the investing community that this would be case as well. Now we are back where we were in March, when AJX joined the ASX 300 , I am extremely happy with my conviction to increase my holdings.
My lowest top up price was 60.5 and intended topping up a bit more if we hit 50, but at this stage that seems a far of dream, albeit not disappointed either.
enjoy
AJX Charting, page-265
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