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1.40% 3,022.0 s&p/asx small ordinaries

The Brains Trust - 2015, page-6679

  1. gamefisherman
    3,651 Posts.
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    29/05/15
    09:43
    Post #: 15374133
    AJX bounced yesterday off the 50% retracement to a tee. Whether it will be a dead cat, or the start of a counter will soon be revealed. The volume traded did catch my eye as well, which was around
    4 million, twice the 21dayMA. Interestingly it closed at 51.5c against a VWAP of 48.095c. Will be watching to see if they push it down again for another go into the mid 40s, and if it holds again, may be worth a look at for those inclined. Daily chart below.
    Cheers
    GF

    ajxdaily29.5.2015.png
    XSO Value at posting: 2,246.2
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    lightbulb Created with Sketch.  Great analysis
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