It is still quite possible that the Alt count could turn out to be the right one. Cannot deny that. However,
I wouldn't expect any oscillator to be nudging any overbought position when a stock has been in a 2 month correction of the primary uptrend. Additionally, AJX hasn't made a new high since the 22nd Jan therefore as far as I know, one shouldn't be even expecting higher indicator levels.
When and if it makes a new price high, and an indicator fails to record a corresponding new high is when negative divergence becomes an issue.
Price action below 55c would confirm that AJX is still in correction mode.
I am NOT hereby questioning your knowledge and methodology, just stating my view. Either way I hope you/we all make some cash.
NB: I would not recommend to anyone to base their trading decisions on my view, so please do your own research.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.8¢ | $3.75K | 462.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1306144 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 206022 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1306144 | 0.008 |
6 | 3850194 | 0.007 |
4 | 581167 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 206022 | 3 |
0.011 | 1400000 | 3 |
0.012 | 166666 | 1 |
0.013 | 669958 | 2 |
0.014 | 134311 | 1 |
Last trade - 11.49am 04/09/2024 (20 minute delay) ? |
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