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Friday Charts - AVB - Gap Filled, page-3

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philh9

11,727 Posts.

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27/05/16

10:38

Post #: 17881967
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Originally posted by robbo24 ↑

Here is another chart I think you all may find interesting.

The black like is AVB, the yellow line is COPX.

COPX is the Global X Copper Miners Exchange Traded Fund.

Are you surprised that the AVB price performance mimics the COPX index?

Are you even further surprised that AVB has outperformed COPX over the period?

AVB is no longer an island on its own, it is a copper miner. Respect it and it will respect you.

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Thanks robbo

It's been obvious for a long time, if you think copper will get legs some day, then AVB will have a long stride, I like it.

Cheers
Phil.

AVB Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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