TA discussion, page-4653

I hope it is not swing traders with tight stops, as if this is the case then there will be more selling pressure below 50. Strong volume on a down day is not good in my book. If there is manipulation going on for accumulation it is working and it will keep working as long as the strong short term downtrend stays intact, but I personally think it is holders questioning why no news on licence agreements, over 3 months and nothing (I am hoping it is still imminent, about as imminent as I thought it was around Christmas). I think there will be a strong push below 50 (nice round number) to see who else will cave in, nice long tail in the panic and then it will quickly recover on licence agreement and or NASDAQ (could the progress of the licence agreement be massaged to line up with the NASDAQ listing, it would be good PR if the licence agreement is with ICL adds credibility to AJX).