AVE/AVEO - I am probably wrong BUT since stocks like ACW, ATH, NSB, PAB, SUD ie BIOTECHS have been strong performers I believe it was worthy of me to do a charting thread on AVE - a recently heavily oversubscribed stock that raised cash at 2.4c - 2.5c. For these reasons I will keep that level as a short term price target.
Chart Thread:https://hotcopper.com.au/threads/ave-aveo-charts.6123591/
Current prices are 1.7c - 1.8c which indicate potential undervalued sentiment by Top 20 shareholders who have averaged down on this drop Pre News release
Options also look wonderful for a risk reward setup though none are probably daytrades! Just one to keep close by as I have alerts set!
