Its Day by day for AIM at the moment from a technical perspective . I think AIM is going to give us a small test now to prove that its happy with the 20c gap fill as being the low point of this drawn out corrective move since the 38c highs. To help things along, keep your eyes out for a bullish swing pattern eg. a low volume drift down to around the 22 - 23c levels , then a steadily increasing volume push forward past 26c and onto the 29 - 31c price zones where we will then reassess yet again . The swing pattern failed last time only for AIM to head quite a bit lower in price. At the risk of getting egg on face, I'm expecting the swing pattern this time to succeed and the upper price levels outlined here to be achieved pretty quickly when it does. One step at a time though - technically we need this swing pattern to succeed !
Cheers ECN
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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