AVL 5.88% 1.6¢ australian vanadium limited

Support Levels

  1. 6,670 Posts.
    lightbulb Created with Sketch. 48
    2c was the current support level and this has broken the trend.

    Now its 1.7 , if this gets hit we could see it holding around 1.5c as major support.

    If 1.5c gets hit 1.3 would be the next level.

    Just wonder how many option holders have stock left to dump and how many holders from 1c are dumping, I am sure 0.018 hit a lot of stop losses when the 7 million shares were dumped.

    Could happen with 0.017, but its anyones guess

    GLA
 
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