AVE + AVEO Charts

Good evening Holders

AVE I've been a technical analyst for slightly over 4 years, getting better each day with it but in terms of trade execution still have LOTS of work to do!

In saying that, I believe I have a good degree of accuracy on charts made ahead of time. Doing some slight research on this stock, it has gained my interest and has hit an alert less than 72hrs ago

Biotech has slowly been heating up with stocks like ACW, PAB, NSB recently starting to gain volatility. Why I am focused on AVE now is because it recently raised cash at 2.4c - 2.5c levels heavily oversubscribed so I suspect Insiders have been buying some and selling it down to eachother to drive price below Cap Raise to get a better average BEFORE New Financial Year commences.

They have locked profits and now have loaded up pre-news aswell. For these reasons I have set alerts on both as Options are also good risk reward here longer expiry with a 3c maturity