TSXV:AUN.H - Post by User
Comment by
Banman17on May 28, 2007 2:37pm
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Post# 12851691
Technical picture
Technical pictureWhat you see here on low volume is the maket maker driving the price down to allow accumulation at low vol and to scare out the weak hands. By removing the weak hands when it's low, the market maker won't have to buy more as the price rises if weak hands attempt to take profits before he unloads his own shares. As Coswill stated, the next up move should be fast with large spreads in the daily's showing him marking the price up. Hang in there. This is a keeper.
Banman17