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.
supply strength being tested today
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Last
41.5¢ |
Change
-0.025(5.68%) |
Mkt cap ! $86.65M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 46.0¢ | 41.0¢ | $208.9K | 481.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 128722 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AIM (ASX) Chart |