AVE 12.5% 0.4¢ avecho biotechnology limited

AVE still hasn't shown much signals here just yet. Still trying...

  1. 4,574 Posts.
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    AVE
    still hasn't shown much signals here just yet. Still trying to consolidate at these lows.

    New Financial Year commences in 2 days. Price action on the order depth APPEARS like they are trying to create a fake breakdown to hit stops towards 1.4c - 1.5c whilst someone still buys from an undervalued position.

    I'm not calling any bottoms just yet however still keeping a close eye on it. I would not mind taking some here very soon atleast within 48hrs we will see better confirmation. THIS IS A REASON WHY I'D BE CAUTIOUS TRYING TO SHORT!

    For now it just needed to be said they are still trying to hit a stop loss or 2. Chi X just soaked some decent sell hits for the first time since I Alerted it here. Attached below is a screenshot of the depth currently seen which highlights more Chi X volumes taking place for the first time much closer to support zones.

    Still anticipating news to come shortly, aswell as a potential Buy Rumour Sell News type situation for the Virtual Conference in about 60 odd days.

    DISCLAIMER: DO NOT BLINDLY FOLLOW ANYONE'S ALERTS! I am ALWAYS very early in an alert hence I'm still sitting patient. Whether I buy now or new financial year doesn't impact me too much. A former Biotech Runner like this just needs time to do what's statistically a probability as the sector already has proven to recently become volatile again
 
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Last
0.4¢
Change
-0.001(12.5%)
Mkt cap ! $11.09M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $33.35K 8.351M

Buyers (Bids)

No. Vol. Price($)
36 97617012 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 21211951 12
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Last trade - 15.46pm 01/05/2024 (20 minute delay) ?
AVE (ASX) Chart
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