AZL General Discussion, page-18927

Just a quick update as was away afternoon

Not a good day, and like last 4 Thursdays, another red Thursday. But more importantly, dropped another 4 pips. Volume was much lower and first time in a week we have done under 100m shares traded.

So very tricky situation now, on the back of another red day. In a very indecisive state now and difficult to say what may happen in short term. Usually our Fridays are good but on the back of last 2 days we will have to see if the big traders are ready to step up. Upside, we need to gain 4s first, but more importantly get over 5 to really have the bullish trend. Downside, a few days back I had written 3.4 should be a big support, late buying today means we may not need it, but in case. also 3.5 was first big move few days back from around 2 mark, so we have been close today at 3.6, so another possibility that 3.4/3.5 may be reversal point - but please dyor

Personally, I was doing some small buys and sells as I usually do, but did buy on closing auction at 3.7 - not convincingly though. Watching now carefully to see what next to do.

Tomorrow, hopefully after 2 red days, we get back to business with a green, a big one will be bonus. All the best.