it follow similar pattern to ilf...in general macro view..all areits have rised except aez. but it has rise slowly since few weeks ago...
from close monitoring of the stock for the last month also...what i have discovered is someone are accumulated the stock for the last month (orbis is one and others too)...also since they start to accumulate..the stocks available for sale are much less said compare to one month ago. by looking at the sell side is it very obvious...not much sell orders after 10c and sell price gaps inconsistance and thin...
yesterday's sell out is healthy...it will build a new support line around 7c..shake out profit takers who got in around 4c to 6c. so we should see aex rise to 10c in very near future.
technically, the rise path of aez is still in the goldcross rise path...so more rise is predictable from charts...
AEZ Price at posting:
7.3¢ Sentiment: LT Buy Disclosure: Held
