AVE 33.3% 0.2¢ avecho biotechnology limited

re: Ann: Phosphagenics and Quigley Corp form ... Pigs,Been...

  1. 312 Posts.
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    re: Ann: Phosphagenics and Quigley Corp form ... Pigs,

    Been reading your posts and valuations all weekend, as with KC's comments etc. Must say you guys present a great case.

    Question for you;

    The shareprice seems to have turned the corner recently.

    On the weekly chart the 10 wk MA has turned up and crossed over the 30wk MA and is heading toward the 50wk MA (would post the chart if i knew how). The RSI is strong and moving north, and the volume is looking good. The 30wk MA is also turning and heading north, all positive signs in my book.

    My question; In the nearterm, what in your experience of POH will the shareprice do? It has risen strongly to 11c recently, up close to 20% for the week and above the 30 and 50wk MA strongly. Do you think it will pull back, or continue in strength.

    Like the look of the chart!

    GGJJ
 
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