thanks Vindin yes AVZ as i said a few weeks back looked to be a genuine rerate. hot money into it here.
i find indicators and normal charts a guide but rule of thumb for me over the years is market cap of these specs
and the chart tend to allign
market cap of avz now hit 100million dollars which is a hell of a lot of money. to take it to 200m and double again is a lot more money and very rare
so when it doubles that is a fair sign of fair value
looking at oku this week and hit 100m market cap
waf hit it last year and taken a year to get towards doubling it again
so avz surely has to retrace here even a bit before next direction. fade 90% of time on these specs.
can also tell a lot at the time. when avz hit 4c and doubled from 2c it overshot it which shows a bit more in the tank. faded sub 4c before current doubling where it has overshop again
most struggle at this level to hold the gains. she was the exception. doubled and doubled again. 7 times before slowed down so why would you sell at first doubling
sadly very few like avz and she was even rarer still. reality hit she now pow
today should be a good day again.
- Forums
- ASX - By Stock
- XSO
- The Brains Trust
The Brains Trust, page-5360
-
- There are more pages in this discussion • 9,662 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XSO (ASX) to my watchlist
(20min delay)
|
|||||
Last
2,985.6 |
Change
-1.900(0.06%) |
Mkt cap ! n/a |
Open | High | Low |
2,987.5 | 2,993.8 | 2,979.5 |
Featured News
XSO (ASX) Chart |