AOP and many other juniors with a resource have seen more targeted selling than others. Most down 40-60% and in this context, AOP holding up well. The reason I put the short term chart up previously is they have a minimum target price of 55.5c and therefore do not expect a buy signal to appear on my trading chart that resets the target. At less than $50 an oz and heaps of cash, this stock should continue to hold up. Here is my trading chart. . . Here is the short term chart and currently has a potential double bottom if it reverses from here. DB's on this chart often signify a major change in direction so I would expect the reversal to take out the falling trend. I do not know why the junior sector is going in the opposite direction to POG. I suspect once certain resistance levels in POG are taken out, juniors will run hard. .
