ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

What will it take to break 35c

  1. 2,654 Posts.
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    After watching the trading for a few days, my thoughts turn to this ugly 35cent level

    What do you think it will take to break this level, it just looks so daunting, and short sellers keep adding, and the mind games being played.... false bids being added, removed, tempting buyers to go a level higher. but after some time there is no buying there is just selling at the 34.5 level

    There has been considerable short selling, at what point are the institutions going to start covering up? The market has been pretty strong over the past few days.

    Another observation seems to me that new support has been established at 34cents. Which is a good sign, from a weekly candlestick chart, this is about right

    Slowly, let this move up!!
 
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