AVB 0.00% 16.5¢ avanco resources limited

The Trend is your Friend :), page-125

  1. 3,347 Posts.
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    A little update on copper and AVB.

    I wrote these copper charts up on Friday before that night's trading - since then copper hit a high of 2.30 and closed at 2.26.

    These are long-term:
    HG LT Monthly 3 Mar 2016.png

    Zooming in on the recent months:
    HG Monthly Zoomed 3 Mar 2016.png

    Price has broken out nicely but still remains some distance from the LT downtrend line which sits at roughly 2.55c next week.  Copper can obviously still fail here but this is getting awfully interesting now.

    AVB long-term monthly chart with some Action/Reaction lines:
    AVB Montthly AR 1 4 Mar 2016.png

    Interesting increment - then I found this one too:
    AVB Monthly AR 2 4 Mar 2016.png

    Nothing to see here, just random prices at work...

    Add a few LT median lines:
    AVB Monthly AR 3 4 Mar 2016.png

    I found it interesting to see the patterns present in these charts so thought I might post them over here.

    I can't open the charting software ATM so can't put up a daily.
    Last edited by Toastman: 05/03/16
 
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