AVB 0.00% 16.5¢ avanco resources limited

avb: yet another chart

  1. 2,674 Posts.
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    I posted one of these earlier this week, and also a week ago, let's see how things are going.



    Things are going pretty well..

    My prediction was that "if the price jumps above the upper green line it's on for young and old". That's the long dashed green line. So as guesses go, that was a pretty good one.

    Earlier this week I said that I thought things would pause for a couple of days before taking off. Well things went off earlier than I thought; I would have guessed 8c by the end of the weekand only one major move. Instead we're at 8.5 after two big rises. Good volumes on the big rises too. So I still wouldn't be surprised or alarmed if there was a bit of a pull back, but frankly I my guess is that the run will continue and we might put on at least another cent next week.
 
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