Could be! TSX is pushing share price higher. Virtually no one wanting to sell on TSX.
Could an upward re rating of Anvil be imminent. And associated with a release very soon of the result of Congo Contract Review. Which may not be seriously damaging and give rise to a relief rally or re rating to higher share price.
Maybe market players have already re-rated Anvil in anticipation?
Whatever! The price chart offered here on Hot Copper is interesting. Surprisingly frequently a symmetry occurs in the chart. One appears to be forming now. Suggesting that a share price in the vicinity of $3.85 might be in the offering within the next four weeks.
Am not into TA myself. Your guess is as good as ------.
AVM Price at posting:
$1.75 Sentiment: Buy Disclosure: Held
