Immediate short term target is to get past 42 cents which was significant as both support and then resistance for about 6 weeks striaght in September and October so there will likely be some supply hanging around this level. The real game changer for me will be to get 50 cents established as support.
Looking through the noise using the longer term descending triangle closing price line chart and 50 cents was the base area for support over the couple of years from June 2015 until the breach in August this year. Restoring 50 cents as support IMO will set AJX up for an eventual major move to the upside. See both short and long term charts below.
Daily COB October 31
Weekly
TA discussion, page-6060
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 428888 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 17958 | 1 |
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| Last trade - 10.39am 19/11/2024 (20 minute delay) ? |
| AJX (ASX) Chart |
Day chart unavailable