it's often very difficult to determine accumulation vs distribution. i do recall a lot of speculation on "accumulation" back in the 20's. turns out it was just sustained selling.
I've seen @Jako8557 tagged before as has been touted for his expertise in this field. if you've got the time would you mind taking a look at avz over the last 2-3 months since trading in a triangle formation.
what I will agree with teringie is the trading range is getting smaller and smaller and from a t/a looks ready to break. question is will it be the bears or the bulls that strike.
IMO needs news which triggers volume, when it breaks, which is will should be fairly obvious whether we are staring at 3.3c or 5/6 as short term targets.
SF2TH
- Forums
- ASX - By Stock
- AVZ
- Running discussion on SP
Running discussion on SP, page-17453
-
-
- There are more pages in this discussion • 65,633 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)