AJX 9.09% 1.0¢ alexium international group limited

Able to construct a weekly trend line now that it has 3 touches...

  1. 1,909 Posts.
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    Able to construct a weekly trend line now that it has 3 touches but wouldn't place to much credence on it considering the current uncertainty with the SP.  Not much else to do on a rainy morning.

    I have highlighted the recent area around 63 cents which seems a tough nut to crack with a number of attempts over the past few weeks. The 4C gap on the week beginning Monday August 1st does show on the weekly for a change, since it was a Monday event. The 4C miss seems to have a lot to answer for since. The price action has been compressed in the area below there since and it is a battle to get out. Maybe just too much supply accumulated and holder patience being tested as time goes by keeps refreshing  the available supply.

    Weekly COB Friday September 21st

    ajx_ax_price_weekly_and_volume_and_moving_average___weekly.06jun14_to_07dec16.png
 
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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