Algos are still in full control. I keep trying to buy at closing price auctions but keep getting stopped. Today I missed out by measly few hundred shares at 51.5c.
From a technical perspective I feel tomorrow will be a big day due to the formation of a bottom trend line of new ascending channel.
If price moves UP tomorrow, the new channel will be confirmed, as well as a triangle break out
If price moves DOWN tomorrow but closes above 48c, we are still in a consolidation triangle that formed between the 12 DEC and 13 JAN and a close above 58c will be required to call a new bull run.
If price moves DOWN tomorrow and within 48 hours moves (ie by Wednesday close) under 47.5c, we will no doubt descend towards 200-EMA in the resumption of the steep descending channel
Very important 2 days coming up.
AVA chart, page-217
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $36.19M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $1.851K | 14.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 236905 | 8 |
View Market Depth
| Last trade - 15.40pm 19/07/2024 (20 minute delay) ? |
| AVA (ASX) Chart |