AXM 0.00% 1.1¢ apex minerals nl

Ann: Increase in Gold Resources at Wiluna , page-21

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  1. 24,192 Posts.
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    Ok as predicted it appears that the "low water mark" was indeed 2.5c. We have now traded above 2.7c and in fact up to 2.9c so far today...which is a strong move and shows just who is in control of this stock a the moment... ie bulls. It would seem that buyers are a little more impatient than I predicted from last post.

    Currently we have total buyers outnumbering total sellers 1.8:1 ie 1.8 buyer for every seller. Sooner or later we will see an attempt on the recent high of 3c ... It may be today but I my guess is tomorrow at the earliest... We will need to see a considerable build up of buyers and sellers 2.8 - 2.9c before an attempt on 3.0c happens IMO.
 
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