AIM 1.45% 35.0¢ ai-media technologies limited

supply strength being tested today

  1. 3,083 Posts.
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    this is the next (very important) stage after an accumulation phase - looks to me like the supply overhang or strength of supply, is being tested today - if the resistence at these levels weakens on this test, it will be time for a run up . The proof will be on the close - my guess is volume will be good today so the success of this test will be a close near or on the highs today. See you EOD to see whether this test succeeds or fails... could be an important trading day today for AIM :)

    ECN.
 
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