AVB 0.00% 16.5¢ avanco resources limited

technical opinions - asc triange?, page-36

  1. 24,192 Posts.
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    Well target 16c has been reached ...

    ...but I believe we are on the cusp of one of my aforementioned caveate's being triggered. That being the overall markets decent... and they have started to decend (on average)... See US SP500 and XAO this is significant.

    At this stage we do not know how deep the fall will be, but, "if" the decline continues it will impact all stocks including AVB. As strong as AVB is I doubt it will be able to resist a solid market decline for more than a few days.

    I think the long term story on AVB is still good so if you at long/mid termer then sit tight... If you are a short termer my suggestion is to tighten up your stops on AVB.

    IMHO DYOR
 
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