TM with you here! - that being said I firmly believe that AVB will bounce from here, solely on 'technicals'; and I personally (basing this decision over many companies, and having seen through many moons) do not believe finance will occur pre-Dec 31st.
The base-line trend (presently) I am basing my underpinning 'technical' decision on is as follows-
(a) June 27th 2012, (b) June 26th 2013, (c) March 13th 2013, "today"
That being said, if we break-down from here I am with TM, mid 5's is certainly plausible from a technical viewpoint. I must also state for the record that I and the majority of others with large volumes I know are in for the long haul, and above this will likely increase our parcels over the coming weeks/ months quite considerably.
Given all we know, and taking market sentiment (general growth) in the short to mid-term away, Avanco is definitely a LT Buy - to think otherwise is merely your emotions getting the better of you.
"In an ocean of skeptics you only need one believer", Kevin Garnett
Regards, NL
- Forums
- ASX - By Stock
- AVB
- holding steady
holding steady, page-74
Featured News
Add AVB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online