AEV 0.00% 0.4¢ avenira limited

mak and grain charts if interested, page-69

  1. 2,278 Posts.
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    G'day Rod...

    A very BIG thank you, I took your advice & got out at 40 cents

    Colonnade.


    G'day
    Yeah, sorry about that TC that ended up being a one day wonder. The chart had some pent up energy and with some gaps up on fert stocks in the US it looked set
    Here's the my current interpretation. Still looks to be building a base with strong support around 40.
    However, a less pleasant possibility has presented itself. If mak closes below 40 this maybe confirmation of a possible head and shoulders pattern with a target of 20c
    For holders I trust that doesn't happen
    cheers
    Rod
 
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