AVR 0.00% $13.14 anteris technologies ltd

Ahz move, page-66

  1. 825 Posts.
    lightbulb Created with Sketch. 14
    Yep I'd have to agree, we can clearly see Demand in the background with that overexhuberant spike higher that has pulled back to this recent tight range, the failure to break lower from this tight range clearly demonstrates a lack of Supply with yesterday's test closing high gives confidence, beware of the potential shakeout ahead, a crafty tactic used to steal your potentially valuable shares and clear any potential overhead Supply that may slow the Markup, is patience about to be rewarded?
    After periods of low volatility come periods of high volatility, the tight ranges build up an energy often referred to as a Cause preparing for the upcoming Effect, that Effect could be a move in either direction. The lack of selling indicates to me the cost to the Smart Money of taking price lower may not be worthwhile as any available Supply is being withheld, notice when price sells down very little Supply appears to be drawn out even at current price to be bought up, appears to be in 'Strong Hands'.
    All IMO and DYOR, Cheers
 
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