AJX 0.00% 1.0¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-131

  1. 11,348 Posts.
    lightbulb Created with Sketch. 764
    Im surprised not more people can grasp charting ?

    Its the history of trading in the company and history repeats, very very often, even in fundamentals.

    You have a product many people want, they buy it, again and again and again. History repeating.

    The business rides a roller coaster of positives and then negatives. Not easy to point out many companies that are all positive in everything they do where all investors do nothing but buy.
    Because history repeats the ups and the downs of company sentiment among investors.

    The recording of SP action in relation to history repeating is paramount to charting and provides insight into where we may go next, depending upon ones skills and consistency in creating predictions with their charts of course.

    Currently there are 2 factions representing sentiment surrounding AJX. The extreme end of positiveness and extreme negative. Not all think the same, everyone has differing parameters for investing and or trading.
    Should say also there are many who now sit on the fence happily waiting for the company sentiment to turn around and at least go one way strongly.
    You'd have to think its getting close to gaining traction in the upward direction due to a few who have come on recently declaring they have sold as it's not quite ready for their idea of holding but they have also mentioned it's getting very close.

    Im happy to hold for a longer term as the company becomes more financial due to excellent and rapid growth.

    Some people see things quite differently and over the last 12 months it's been very interesting how some react to others points of view especially when it is different to theirs, yet the SP has shown no-one is right when it comes to their sentiment being reflected in the charts.

    Time to move on up. It looks like exhaustion selling to me as the company fundamentals continue to improve ever so slowly but surely.

    GLTAH.
    IMO.
 
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