Always good to have a diversity in opinions. There are both fundamentals and technicals to thinks about here in trying to guess what the share price will do short and long term.
Have a look at the chart attached and judge what you think will happen in the short term.
I have to say I think it's going lower before it goes higher, I know that's not what holders want to hear, but these opinions will not change what is going to actually happen.
@wlauy1 - it's due to the results, the market was expecting continued growth, the stall, has caused a justifiable change in the share price, the question is, when will it bottom out before it climbs again, that in my mind is inevitable, I just don't know when/where: the million dollar question.
AVH on NASDAQ, page-456
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Last
$2.86 |
Change
0.100(3.62%) |
Mkt cap ! $187.9M | |||
| Open | High | Low | Value | Volume |
| $2.84 | $2.92 | $2.84 | $190.3K | 66.50K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4900 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 7412 | 3 |
View Market Depth
| Last trade - 10.05am 16/07/2024 (20 minute delay) ? |
| AVH (ASX) Chart |