GREY:AZDDQ - Post by User
Post by
BronxParkon Mar 13, 2007 7:59pm
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Post# 12412606
Next Week
Next WeekInvestor appetite for this issue seems to be pretty consistent with ML Canada Controlling the Tempo.They are just making a market for AZD stock at the moment..are the doing it fairly...many will say no. Besides ML playing Games with the stock at the moment an investor should pay close attention to the Technical merits of the corresponding stock chart.ie Check for Upper resistance levels and support levels to begin with. ADZ right now needs to punch thru $0.60 to confirm a solid Trend reversal.Once accomlished smooth sailing back up the charts.
The way these shares are being gobbled lately at these undevalued levels may be indicative of an ever bigger run forthcoming. Best case secanario based on the precendent of past trading ranges we could see $0.80+ if buyers get really motivated.(ie a News catalyst or some external influence..ie Government Mandates).March 20 Budget
For the time being Something is certainly controlling the trading direction of these shares.
In any case what I am waiting for is this....
The more expensive something gets...the more investors will want it.In any case I think the Big move will be next week. What we are witnessing now is just positioning.
Bronx