AVB avanco resources limited

chart, page-8

  1. 3,290 Posts.
    "A retrace tomorrow off today's candle is alright, what we don't want is a break of the lower trendline that price has been sitting on."


    The lower trendline held (white arrow). Above analysis still stands. I'd be looking for a bounce off the bottom and a break of the upper trendline (yellow arrow) to take a short term position.

    On decent parcel size I'd even take a day trade. But I'd prefer the break out and a short term position. Just need to see what tomorrow will bring.


 
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