Although there was a nice gap up and long candle, yesterday it gaped down and traded within the real body of the long, green candle. To me this meant the bulls had lost some momentum.
I waited for today's action and seeing that .035c couldn't hold I decided to sell.
The 200 day Moving Average could also act as some resistance and there is the gap to be filled between .031c & .033c.
Capital is precious to me these days with my mortgage and all and no pay rise from my employer for years.
AVX Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
