daytrade diaries... wednesday, page-4

  1. 19,547 Posts.
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    AXM appeared to be impacted by an overseas investor needing exit quickly

    as posted yesterday when AXM was 0.205

    AXM...after two days of heavy selling (unknown reason for the selldown) calm appears to have been restored.

    Buyers have been waiting patiently at 0.20 for the seller to reappear.

    buyers have stepped up to the 0.205 to entice the seller.

    Downside risk appears to be limited, one to watch for an upward move to 0.24 then 0.30.

    I Hold

 
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