Well the parabolic formation has died almost textbook. We rejected 4 doji's on the way up will we reject this on the way down? I would have preferred a close of 11.5 yesterday and a doji today setting us up for a bullish reversal. Parabolic SAR has closed above the price. The SAR indicated 2 false sell signals on our rise followed by a period of consolidation. Support looks to be around the 20 DMA and if we do pull back I can see support at 11c.
AVB Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
