AJX 9.09% 1.0¢ alexium international group limited

TA discussion, page-5439

  1. 4 Posts.
    Hi All, I've been a technical analyst for 15 years or so. I've always kept my own counsel as to what I trade. A mate referred me to this site and I checked out this thread because I assumed "TA" meant Technical Analysis.

    So far, most of what I'm seeing is Fundamantal Analysis. With the current discussion on Alexium, I'm confused. In a technical sense from ARMCH's graph of 31/7, it would seem a very poor candidate for buying at the moment. There's serious resistance showing and I wouldn't even be considering it until it had, at the minimum, broken 53 with good volume. Volume lately appears to favour sellers. You wouldn't expect much in the way of rises until volume had all but dried up.

    We have discussion of an iffy down triangle but is that it? If this really is about Technical Analysis, what are the technical factors in favour of buying Alexium? If "TA" means something else, forget I spoke.
 
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1.0¢
Change
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Mkt cap ! $15.73M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $4.212K 408.3K

Buyers (Bids)

No. Vol. Price($)
3 3043885 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 450000 1
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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