AEV 0.00% 0.9¢ avenira limited

rp price out 125, page-38

  1. 2,863 Posts.
    "I'm still quite positive about MAK. The SP closed at 55c on 28th April & here we are today at 57c - we're still 2c up on just over a week ago (with negative RP price data being released for April)."

    Hi Wilma,

    This is yesterday's chart.

    The orange line = 57c, (today's close), right on top of the downtrend support line.

    Perfectly normal & healthy to test old resistance as support

    54c is the 61.8% Fibonacci retracement of the 36.5 - 83c run, so still some breathing space...

    IMO, DYOR
    Regards

 
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