AVB avanco resources limited

chart ewob? pls, page-7

  1. 964 Posts.
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    Here is another interpretation (apologies for the wide pic)...it's trading within this 2 year channel, & sadly in the past it has bounced back down from the resistance line.
    Let's hope it will break this time.

    The daily does show it using channel as support BUT! (great news)

    While the daily sits above the channel I am quite happy & I do like the look of the weekly & monthly wicks on the candles, albeit maybe a touch tired... (I have short-term traded wicks to much success over the years)

    For now technically I am happy...pullback today on minimal vol considering yesterdays news & volume,

 
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