AVB 0.00% 16.5¢ avanco resources limited

this buying is relentless, page-36

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    AVANCO RESOURCES



    BUY



    Last Pattern: BULLISH MATCHING LOW



    Last Close:
    0.0600


    Change:
    +0.0060

    Percent change
    +11.11%



    6 mo. Rating 3?

    AUD100? 142.84


    12 mo. Rating 2?

    AUD100? 139.27


    24 mo. Rating 3?

    AUD100? 353.57




    Signal Update

    Our system’s recommendation today is to BUY. The BULLISH MATCHING LOW pattern finally received a confirmation because the prices crossed the confirmation level which was at 0.0565, and our valid average buying price stands now at 0.0575. The previous SHORT recommendation was issued on 3/12/2013, 10 days ago, when the stock price was 0.0600. Since then AVB.AX has fallen by -4.17%.

    Market Outlook

    The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.


 
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