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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Hi Folks I am just recently into AVH. I got in at 0.64. I like...
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Last
$2.62 |
Change
-0.150(5.42%) |
Mkt cap ! $157.7M |
Open | High | Low | Value | Volume |
$2.62 | $2.66 | $2.58 | $1.612M | 614.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 13249 | $2.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.66 | 3448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 13249 | 2.610 |
12 | 48639 | 2.600 |
2 | 4000 | 2.590 |
9 | 21554 | 2.580 |
2 | 3710 | 2.570 |
Price($) | Vol. | No. |
---|---|---|
2.660 | 3448 | 1 |
2.680 | 750 | 1 |
2.700 | 600 | 1 |
2.750 | 50 | 1 |
2.770 | 250 | 1 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$2.62 |
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Change
-0.150 ( 6.19 %) |
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Open | High | Low | Volume | ||
$2.61 | $2.65 | $2.61 | 10832 | ||
Last updated 15.59pm 26/04/2024 ? |
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