The A40 chart fits the Wyckoff accumulation pattern pretty well. It was a short one. It's probably well on its way into Phase D.
It even "jumped the creek" of important resistance at 20c. The "spring" was the retest of 16c at the end of April.
Stockchartsoffers these explanatory remarks and advice for phase D:
Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs [sign of strength]) on widening price spreads and increasing volume, as well as reactions (LPSs [last point of support]) on smaller spreads and diminished volumes. During Phase D, the price will move at least to the top of the TR [trading range]. LPSs in this phase are generally excellent places to initiate or add to profitable long positions.
A40 Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held