'If it breaks to the downside, it's looking like a full cent drop (being 3 cents minus 2 cents, the size of the left had side of the triangle)? Thoughts, anyone?'
Well, AVL has formed a downward channel and it has making lower highs and lower lows. I attached a picture (greens show highs, reds shows lows). If the pattern continues the next low is going to be lower than 1.8 cents. I am afraid 2.2 cents may be the most recent lower high. However, the trend may change and AVL can go up, nothing is certain. For interest, I marked when Vincent joined the company at 0.8 cents!
AVL Chart, page-2981
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $120.8M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $107.3K | 7.669M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 795084 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 7334515 | 28 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| AVL (ASX) Chart |