$AIN With this move to a one-year high, did money actually flow in or out?
There are only two things we can be sure of: trading value rose to 2.6 times the daily average, and the price broke above 0.217.
Rising volume and prices generally suggest buyers have the upper hand, but big-money investors rarely finish entering the market in a single day of high volume. What happens over the next few days, when volume contracts during a pullback, is what will tell us more.
What’s your take at this stage?
#AIN
Just sharing some thoughts—don’t take this as advice.
There are only two things we can be sure of: trading value rose to 2.6 times the daily average, and the price broke above 0.217.
Rising volume and prices generally suggest buyers have the upper hand, but big-money investors rarely finish entering the market in a single day of high volume. What happens over the next few days, when volume contracts during a pullback, is what will tell us more.
What’s your take at this stage?
#AIN
Just sharing some thoughts—don’t take this as advice.
