$AKE has been relentlessly hammered: down 42.4% in 24 hours, with a 63.4% trading range. Yesterday saw a huge bearish candle, down 45.1%, and today it’s down another 4.4%. Long positions get stopped out as soon as they enter. Trading volume is only 180 million U, down to 0.6 times its previous level, and it’s still fading. Once the trading range narrows noticeably and volume stops shrinking, that’ll be a sign this sell-off is over. We’ll take another look then.
Not investment advice
Not investment advice