Tuesday, September 29, 2015 12:16:32 AM
AEZS is not a very liquid stock and the volume pattern has been mute for a very long time now. That is the reason any spike in the volume is noticeable more than any price activity. In the last few sessions, the price has been consolidating in a very narrow range after a sharp rally from $0.025 to $0.13 levels in a single session but the volume has seen a definite surge. The capitulation at the lower levels, especially after so long a downtrend is normal but it has found buyers too.
The buyers and recent news(suspecting further great news) is building great support levels for this stock.
The buyers and recent news(suspecting further great news) is building great support levels for this stock.
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