What did just happen?Aramex was up by 15% directly at the opening!!!! did you buy? did you get a chance? well the reason behind this is a institution bought huge chunk of shares at 4.77 per share so obviously its undervalued. People were grabbing this share like crazy and price was very nicely holding, good volumes and high number of trades. So more upside expected from here? yes as the bought price was at 4.77 so there is a space remaining to go up but market never forgets the gap. There is a huge gap created which has to be filled and this would be scary when ever it does. For now enjoy the bull run!!
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