Australia's largest stock trading and investment forum Australia's #1 stock forum

AV1

Click for more information

3.90%

8.0¢ adveritas limited

I just thought I follow up on my earlier post...

First 12 Last

Share
Profile

Follow
MaxAction

2,588 Posts.

526

06/03/20

13:40

Post #: 43343597
Share

Originally posted by MaxAction: ↑

I simply used a Fibonacci Extension for the ABC move with C extending to about 100% of A, which happens to also coincide with the quite common Fibonacci 61.8% retrace level. I also used the level of indicators near the overbought levels for backup.
BTW I haven’t come here to argue, as I simply presented a TA based opinion and am happy to be wrong, especially if someone is ready to show where I misinterpreted the chart. I‘m not trying to down ramp or saying AV1 business model is no good. Actually at this stage I had only a quick look at what AV1 is all about and liked what I saw. However as we all know nothing goes up in a straight line and so there usually are some corrections along the way - this could be one of them!

Expand

I just thought I follow up on my earlier post https://hotcopper.com.au/posts/42403913/single and see how the chart I posted back then https://invst.ly/pi2zv has developed over time.
It looks like I was a little early with my call for a top, because there was a little more in the tank. However in the end the result seems to be the same anyway, the gap got closed a few days ago. FWIW here is the updated chart https://invst.ly/q13ja
Anyway I hope it helped some of you a little!

AV1 Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

What's causing the cost-of-living crisis, and how to navigate it

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 23 more messages in this thread...

First 12 Last

Add AV1 (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change 0.003(3.90%)		Mkt cap ! $63.09M

Open	High	Low	Value	Volume
8.0¢	8.0¢	8.0¢	$7.446K	93.07K

Buyers (Bids)

No.	Vol.	Price($)
1	5755	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.4¢	191666	1

View Market Depth

No.	Vol.	Price($)
1	5755	0.081
1	56925	0.080
1	100000	0.079
2	105000	0.078
2	16579	0.075

Price($)	Vol.	No.
0.084	191666	1
0.085	8000	1
0.088	25000	1
0.098	30000	1
0.099	40000	1

Last trade - 15.32pm 18/10/2024 (20 minute delay)

AV1 (ASX) Chart