AEC 0.00% $4.12 ammtec limited

looking ahead, page-3

  1. 568 Posts.
    It's the voice of doom again.

    I bought 5,000 more @ 2.00 over two weeks ago. I think of it as ominous that it closed today below 2.00 support. Sure, only 5,050 shares traded, but there should have been enough buying support to hold at 2.00. Buying interest at 2.00 seems to have been all sold into and used up. I would expect from the chart that there will be more downside if there's another daily close below 2.00. A caveat being a strong Dec Qtrly that creates interest and forces a recovery back over 2.00. I'm not a potential buyer now until it gets back above 2.00, or alternatively sinks lower and settles into another possible base.

 
watchlist Created with Sketch. Add AEC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.