Hi Folks
I am just recently into AVH. I got in at 0.64.
I like to use E-waves and Fib's only as a guide as to what to expect is possible and I am not surprised. This has been useful to me in the past across a number of stocks.
On the weekly charts AVH hit a low of 0.08 on the week 30 Dec 2018 point A using the ABC Fib's . The A wave rose to a High B point of 0.74 to complete the upward A wave. Incredible rise.
At some stage some retracement had to occur down to point C. B wave retracement and it happened fall from B=0.74 to point C=50 that about a 36% retracement which is normal after such a rise.
Using Fibs to try to estimate the next C wave upward movement (assuming not general stock market correction) we come up with the following estimates of the C wave upward potential (so as we are not surprised)
At EST 23.6% = 0.89 , At EST 38.2% = 099 ( my likely candidate before some more profit taking and a correction) and finally EST 50% =1.07
One thing in our favour of us reaching these target is that the SP has already exceeded 0.74 the previous recent high if we can stay above that mark for a couple of days I suspect we are on our way to my first target of 0.89, with maybe more to come.
This is just how I view my stocks and their potential, Just my opinion DYOR.
Good luck folks
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Last
$2.52 |
Change
-0.080(3.08%) |
Mkt cap ! $165.7M |
Open | High | Low | Value | Volume |
$2.55 | $2.55 | $2.50 | $1.078M | 429K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 59 | $2.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.52 | 2135 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 59 | 2.510 |
6 | 8296 | 2.490 |
4 | 1740 | 2.480 |
3 | 1014 | 2.470 |
3 | 4563 | 2.460 |
Price($) | Vol. | No. |
---|---|---|
2.520 | 2135 | 2 |
2.550 | 750 | 1 |
2.560 | 585 | 2 |
2.570 | 59 | 1 |
2.580 | 5000 | 1 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$2.50 |
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Change
-0.080 ( 4.21 %) |
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Open | High | Low | Volume | ||
$2.51 | $2.53 | $2.49 | 74784 | ||
Last updated 15.58pm 17/06/2024 ? |
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