AVE 25.0% 0.3¢ avecho biotechnology limited

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    Here's this years price chart.

    The interesting indicators are the blue and pink lines - Smart Money and Demand indicators.

    When the lines are rising or above the horizontal white line, the buyers are keen.

    When the lines are falling or below the white line, the sellers are in control.

    It's pretty clear that there has been distribution going on since early April - pretty much since the share price started moving up above the placement price.

    Eventually this overhang will run out, and I'm hoping sooner than later.

 
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