A trader would look at support and resistant levels on the chart, as AJX is in a trading range.
We have had 7 down days in a row since last Monday so odds are that this sell off is almost complete. AJX has never had this many down days in a row.... Its a pretty extreme move and certainly looks over done. We are right above the lows of March....
So any trader with experience would be looking at entering in down here and not selling down here....
Report Accompanying National Defense Authorization Act of 2016 to Include Directive about the Use of, page-117
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