AVB 0.00% 16.5¢ avanco resources limited

buysell parity --- are we to rally ?, page-50

  1. 24,192 Posts.
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    Well... looks as if the speed ticket + the overall market malaise has taken its toll on the buyers with it dropping today ... So my prediction of a Gap up got well an truely walloped.

    Perhaps I should have stuck to my guns regarding the touch of the upper trend line at 18-18.5c i ...Ah well.

    I see buyers still out number sellers considerably so perhaps we are just seeing healthy retrace before a resumption of the buying... We have retraced about 50% from yesterdays high so if this is the case then we should start seeing buying support about now...

    Case for rising trend channel is looking more Solid now ...

 
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