AVB 0.00% 16.5¢ avanco resources limited

avb turning bullish, page-39

  1. 411 Posts.
    Well im expecting a quiet start followed by a gush towards 7c again- looks like the pullback will only be around 6.6c and the 1 million seller sitting at the close at 6.7 has gone- clearly a trader

    Guess it comes down to what is driving the shareprice north

    1) Traders playing with price action
    2) Announcement re full mining licence stirring in background
    3) Oversold from recent Placement at 7.5c
    4) Freeholds analagy that we are ready for a correction towards 8c to balance things out- (speculative of course lol)

    Yesterday we saw over 11 million through the gates and yesterday around 5 million traded so seems about right to me. Bit of profit taking at the end from traders.
    Would love to see some action towards 7c -Perhaps BR or other fund manager can buy a few to get things moving-
    I confess to opening todays action with a small buy of 23888- just to add to my half million shares- found a few bucks still sitting in my etrade account-LOL

    BT

 
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