Ran into another layer of supply in the 43/45 area from the last couple of weeks in September and probably some profit taking from the unexpected breakout up to 46 cents this mornng. Looks like 43 cents has a good chance of being support now although I wouldn't want to see that low key bot selling continue, doesn't do a lot for sentiment when the SP is flipped back on a regular basis even at 12 minute intervals..
Anyway 43 cents had a good workout today on an increase in volume (650K with both exchanges). Ssolid if not spectacular progress today and despite the pullback from 46 cents and a bot getting in the way for a good part of the day ...
Daily (44 cent close)
AJX Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
