AEV 0.00% 0.5¢ avenira limited

2 dollars, page-60

  1. 27,220 Posts.
    lightbulb Created with Sketch. 3195
    yeah? so whos going to sell, when this thing has IPL written across its forhead? Yet alone monia and Iron ore?

    agree a good run, but think consolidation with fewer and fewer sellers, is precisily why we have had good run after good run.

    Normally, would see significant retrace after 3 days of steller runs, but like and FMG, or an IPL, this is one of those special stocks.

    So, just a word of warning if your waiting for that big retrace, where are the volume of sellers going to come from? who would suddenly lose confidence in this one to chase the price down the retrace curve?

    That's the thing, the big retraces occur when people lose confidence and accept to sell at lower and lower prices.
    But with MAK, all the green lights are on, so it's a case of thin sellers, or that they simply sell on screen, at todays consolidation price, and dont chase it down, why would they?

    cheers
 
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