Okay abu, I don't know how learned you are at TA, but a dark cloud cover candle is a bearish sign. I'm not sure where you think it will give support, because those dark cloud cover candles come at the end of a bullish run and signal the beginning of a bearish run. So going on your interpretation of the chart, you also believe the share price will fall more, yes?
And petwan, the stock closed at the 50% fib, but it broke through it on the intraday. Can I ask how you got a target of 29.5cents by the way? Sounds a bit unrealistic to me given that all the indicators are bearish.
AVB Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held