TSXV:AAA.P - Post by User
Post by
str8tgoodson Aug 25, 2010 9:18am
422 Views
Post# 17381093
Pullback?
Pullback?I don't know how you can judge a pullback prior to market opening, or for that matter the first 15 minutes of a trading day.
Look at the chart in the link below. You will notice that this short term drop is associated with an upward sloping channel. If the channel gets broken and the share price closes below it for 2 or 3 consecutive days, then I would be worried about a pullback or change in trend.
At the moment the trend is still up albeit a very gradual upward trend, which is quite sustainable if news continues to be good as it has been so far. JMHO
https://stockcharts.com/h-sc/ui?s=aaa.V&p=D&yr=0&mn=6&dy=0&id=p06730346508