The momentum seems to finally have come to a halt. However the pressure is still building. Yday the buy side 0.005 and 0.006 had a volume of 27 million, it went up to 30 million and then 35 million the sell side .007 and .008 had a volume of 24 million, it kept at 24 million and now has dropped to 22 million. the wall at .007 will only be broken if one of three things happens. The 0.006 step up. The 0.007 bail and sell at 0.006 or, the news comes out which would stimulate both. The stubbornness of the 0.007 sellers suggest they believe the announcement will come soon. It is really a Mexican stand off. Not that asx would allow this (controlled laughter) but ave would want the announcement to be released at the start of the week to have a few days of momentum in a row, rather than release on a Friday and people forget over the weekend. fingers crossed.
AVE Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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