Well I've been full of empty comments the last month or two as I've been quite busy. Thought I would make time to post a chart or two...
Well last week was showing no demand on the weekly and this is how I roped myself into dining on $mans hat on Friday... Here is a few thoughts on the weekly... Looking back, the no demand was ignorantly taken in isolation by myself and does not look to be doing too bad as we speak. Just need a strong bout of demand to kick in to confirm the break...
AVB Weekly
And the daily, well its kinda the same story... I would love to see a test bar Monday and this would fit well with previous rally's on the avb chart over the last 2 years. Generally once turned bullish we are looking at a 3 to 4 bar setup with 1 being the breakout bar followed by 2 and 3 absorbing/testing and then another bullish punch on bar 4...
AVB Daily
And the daily wave chart...
AVB Price at posting:
7.2¢ Sentiment: None Disclosure: Held
