Hi Folks
I am just recently into AVH. I got in at 0.64.
I like to use E-waves and Fib's only as a guide as to what to expect is possible and I am not surprised. This has been useful to me in the past across a number of stocks.
On the weekly charts AVH hit a low of 0.08 on the week 30 Dec 2018 point A using the ABC Fib's . The A wave rose to a High B point of 0.74 to complete the upward A wave. Incredible rise.
At some stage some retracement had to occur down to point C. B wave retracement and it happened fall from B=0.74 to point C=50 that about a 36% retracement which is normal after such a rise.
Using Fibs to try to estimate the next C wave upward movement (assuming not general stock market correction) we come up with the following estimates of the C wave upward potential (so as we are not surprised)
At EST 23.6% = 0.89 , At EST 38.2% = 099 ( my likely candidate before some more profit taking and a correction) and finally EST 50% =1.07
One thing in our favour of us reaching these target is that the SP has already exceeded 0.74 the previous recent high if we can stay above that mark for a couple of days I suspect we are on our way to my first target of 0.89, with maybe more to come.
This is just how I view my stocks and their potential, Just my opinion DYOR.
Good luck folks
Cheers Lies
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Last
$3.16 |
Change
0.170(5.69%) |
Mkt cap ! $219.7M |
Open | High | Low | Value | Volume |
$3.17 | $3.18 | $3.12 | $639.6K | 203.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1386 | $3.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.15 | 2000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1826 | 3.140 |
3 | 6266 | 3.130 |
3 | 3874 | 3.120 |
4 | 30793 | 3.110 |
2 | 12000 | 3.100 |
Price($) | Vol. | No. |
---|---|---|
3.150 | 2000 | 2 |
3.160 | 4439 | 4 |
3.170 | 11438 | 4 |
3.180 | 42714 | 6 |
3.190 | 58933 | 3 |
Last trade - 11.28am 03/10/2024 (20 minute delay) ? |
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