I have been waiting to buy back some units in AIMS AMP Capital Industrial REIT. Price formed a gravestone doji at 21.5c today. The MACD is declining towards zero. The OBV is also declining, suggesting some distribution is ongoing. The MFI is still rising suggesting positive buying momentum but matching that against price action, we see that the price has not been rising as enthusiastically. A rising MFI with price unchanged is not positive and suggests weakness.
I might get my wish to accumulate again at the support of the trading range.
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