Once again,I'm posting a short term trading perspective which...

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toph

4,582 Posts.

02/03/16

13:28

Post #: 17165943
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Originally posted by toph ↑

Evening all.....

Disc....I'm posting from a ST trading timeframe......This post should be ignored by most long termers...

happy Hippy....I see you have disclosed some of your trading action with AVB...And I'm sure many other long termers are doing the same....(trading the swings)

Technically speaking,On the daily I'm seeing a triple top at 7.1 and a downside gap at 6.1 which I'd expect to fill.....(My 2 favorite KISS indicators have turned down....ie stoch and MACD/Hist)...And also 50 fib retracement = 6.1 (Fibset 5-7.1)

Today's vol was from a HC member,but as soon as that trade was completed,the bots, Possibly AKA "Big boys", were back...

And IMO, the "Capper" talk on another thread is nonsense (I'm with you philh9 on this)....Who knows?...Many will be in profit here and you need look no further to the left on the chart to the big vol days Jan 12/18 to see where supply could be coming from (Let alone a possible holder from years past)

Cheers all

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Once again,I'm posting a short term trading perspective which should be ignored by long termers who have no intention of trading the swings.....

Well,I got that retrace to 6.1 wrong....Now for my next trick....

Daily/Weekly resistance from last April (7.8-8.1) tested today...Now looking at a retrace to the 7.1/gapfill/breakout level from this morning...

But,geez,....Where's the vol?....Unbelievably tightly held at these levels considering 2.5 billion SOI...

Bodes well for holders IMO....Plenty of news forthcoming and not much selling likely til 10-12...IMO only...

Cheers all

AVB Price at posting: 7.6¢ Sentiment: None Disclosure: Not Held
11 Upvote

0 Great analysis

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