Think this may be the reason for the bit of flurry on AIM yesterday
Technical buy recommendation by British Bulls
The chart above shows how OEX.L dropped after the SHORT signal which was issued on 9/8/2014. Since then, the stock price edged down by a hefty 19.27%. This brutal bear move, however, may be over now. Our system warned us to cover the SHORT positions andBUY this stock. The BULLISH HARAMI CROSS pattern that led to this bullish signal indicates that there is an upside potential of 12.30%. The signal has just been issued, so it is not late at all to throw the dice for a possible run-up. It is still early to say if this is a bottom or merely a reaction but we are quite confident that it may be one of these rare opportunities for bottom fishers.
OEX Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held