Another view using weekly candlestick chart with 40 week Simple Moving Average (roughly weekly equivalent of 200 day MA). Overall looks pretty bullish although the volume is still a bit soft but not necessarily a bad thing.
I would prefer AJX to not go into a blow off trend but rather remain in a solid but sustainable trend. Of course we might be jumping the gun yet, still early days but hopefully we are seeing the beginning of the third major up leg.
Weekly COB Wed November 2nd.
AJX Price at posting:
88.5¢ Sentiment: Buy Disclosure: Held
