Looking slightly wobbly today. Waiting for a lead from the HUI in the US. HUI is oversold and looks set to turn upwards next week. However, it needs careful watching on www.bigcharts.com and enter "HUI". AVO is far from overbought and the MACD is just about to cross its MA which will be a very bullish signal. Whatever happens at this price the scope for downside is shrinking against the rising 200 day MA which forms a strong support. The fundamentals at site seem to be all on track for an early July commissioning.
AVO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
