I think the capping activity over the past week has been a little too successful.......hope this was part of the strategy whoever you are as it looks like stop losses are firing left right and centre. Can already see price support trades now dripping in to try and slow the downward momentum.....from my seat all signs point to some serious accumulation.
Next couple of weeks will be very interesting indeed!
DYOR. Love puff.
Disclaimer: Fundamentalist nerd (yes, I do spend too much time digging around in company financials and ratios) who will only speculate on stock if scope of speculation is narrow and risk can be quantified.....such as with AXO!
AXO Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held