Looking at the weekly over 2 yrs and we can see that AJX has broken the downtrend line. no doubt about that.
However, Im still a bit wary of a possible large H & S forming as per chart below.
Really need to punch through that shoulder line next week and stay above it for this H&S theory to be relegated to the trash can.
IMO.
Looking great thus far.
AJX Charting, page-363
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