@pintohoo .... I absolutely agree with above, the price has only bounced with a bit of gusto from off screen buying. But, its hard not to get a smile on ya dial, when checking the market depth after 7.00 this morning (yes I know...it will be nothing like it at 9.55)..... well, when was the last time we had only around 290k of sells lining up. I guess it just helps the feeling of a serious turnaround is underway.
I am thinking 2 or 3 things about this....1. The seller (s) prolonged attack is either being defeated or they have withdrawn scratching their heads wondering what to do....lol. Or....maybe slowley running out of usable ammo.
2. There is not much holding it back, and though @ARMCH points out areas of resistance, maybe, just maybe....those areas on the chart may have less ooommmppphhh the last time we were there.
Just some musing...
Cheers,
Mick.
AJX Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
