AJX
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0.00% 0.8¢ alexium international group limited

AJX Charting, page-363

  1. canonman
    11,425 Posts.
    lightbulb Created with Sketch. 799
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    28/05/16
    08:51
    Post #: 17890381
    Looking at the weekly over 2 yrs and we can see that AJX has broken the downtrend line. no doubt about that.
    However, Im still a bit wary of a possible large H & S forming as per chart below.

    Really need to punch through that shoulder line next week and stay above it for this H&S theory to be relegated to the trash can.
    IMO.

    Looking great thus far.

    ajx_h&s.jpg
    AJX Price at posting: 77.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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