AVB 0.00% 16.5¢ avanco resources limited

no rerate on this announement, page-39

  1. 4,582 Posts.
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    Forget the re-rate (for now), forget the holes remaining (look at what we just had and what did it do?! ... more importantly WHY?!) and although 'fundamental info.' is fantastic in my personal opinion OR more so 'in time served' and given the time of certainty ... technically about to bust out the door!

    Platform at 10c sustainable, since 5.6c low note a support channel formed conforming to a ST bullish wedge formation BUT being held by resistance of Sept10 high - three weeks (max.) till (a) break-out AND form resistance at 14.5c OR fall-out and support met at Jul10 lower channel LT support, which provide (b) STRONG BUY at 8.6c THEN 'IF' (a) 7 weeks in channel bouncing off of support set again at 5.6c till now and 'IF' (b) 6 weeks in confined range.

    Irrespective re-rate by end of Mar12 (no later) as TA suggests.

    Hope this helps the TA troopers, NL.
 
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