daytrading aug 13 morning, page-98

Caution on AJQ, 2 day chart shows well defined downtrend. Might get some 10/20% swing trades, but for today would wait for it to test the middle of the channel at 32c before trading for the day..

..for now it should hold at 31/21.5. Note: Sellers outnumber the buyers.

If it breaks 32 it will hit 30c - this would be a good point to enter. for a bounce of the bottom of the trend, but imo its pretty risky..