AEV 0.00% 0.9¢ avenira limited

how low will it go, page-95

  1. 42 Posts.
    I have no wish to disparage where the chart indicators might lie. I use candlestick analysis as much as anyone to see where sentiment is lying and feel the patterns of buying and slling aligned to various stocks. But, the key now is to sit tight and see what the fundememtals of the businss are. That's Product, cost of extraction, selling price and profit prospects and we will know that soon enough. An announcement/event of magnitude will throw graphing out the window in a minute. Conserve your valuable nevous energy by thinking about this company; market prospects and whether its current price is about right and what it will be if the product and process is proved. Perhaps extrapolat some forward pofit numbers and recal the PE and see what is realistic?
    Be happy!!
 
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