AJX 0.00% 1.1¢ alexium international group limited

Indications were emerging bullish until AJX hit 87 cents...

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    Indications were emerging bullish until AJX hit 87 cents yesterday afternoon. Only doubt was that volumes were and are still lowish but it was looking ok IMO until then. Likely that someone decided to offload into a rising price and it hasn't stopped as the selling momentum was maintained today. Thought it might have been a shakedown originally but now seems not to be.

    The 80 cents level still looks to be pivotal as will tomorrow's outcome. I was feeling pretty positive until late yesterday but the stock market has a habit from time to time of biting one on the bum when least expecting it.
 
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