AJX as of this writing has entered into a significant long term support looking at this intra day daily chart.This zone of support is highlighted with yellow. It may be reasonable to assume that we may see a Wyckoff Spring at current levels which may conclude the Phase “C” of re accumulation. OBV at the bottom window supportive of a re accumulation rather than a distribution.
There is a WEBINAR ON INTRODUCTION TO WYCKOFF METHOD by Prof Roman Bogomazov of Golden Gate University,Sunday morning 08:30-09:30,for Australian TA lovers. An educational event which may be worth joining. I am happy to send the link if anyone is interested. Let me know please .
Daily intra day chart of AJX below.
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