On Thursday AKE got a red narrow spread candle with a high volume. I read that as a sign of a buying pressure.
Yesterday AKE got a green narrow spread candle with a high volume. The spread is narrower and the volume is higher than on the previous day. My reading of it is that there is a very strong buying pressure but the selling pressure is equally strong. That the candle is green indicates the buying pressure is stronger. But that the candle is a doji with a narrow spread indicates the sellers don't give up.
The winner should become apparent next week.
AKE Price at posting:
$12.84 Sentiment: None Disclosure: Held
