ANW - Chart + FA, page-14

Interesting week we had. The announcement of an EGM sparked a serious and informative discussion regarding how voting yes or no could affect our position in the company. A bit of selling occurred the day before and during where we saw old faithful visited again, 1.6c. We managed to climb back to 1.7c with 2 separate people both buying 1M @ 1.7c each before Friday's close. The open today say 5M shares removed from 2.6c (2 orders) but currently 3M has been added back (1 order). Due to last week's selling 1.8c is now around 4M shares, pip traders, cappers or normal? You decide!



The graph for the week is pretty stable. Volume moving average is falling slightly, even if we did see some movement the last half of the week, the lack of news playing a big part imo. MACD is dead centre on the line. It is coming down from an uptrend so potential reversal incoming, however it will most likely be a small one if it does occur, the RSI and Stoch support this. The stoch has fallen out of the acceptable range for SP movement (oversold) so expect that to be corrected over this week, maybe the next. As usual all IMO, DYOR and does not tell the future.