Good prediction
Accumulation under $7
Purchasing parcels at $6.87 (or as close to it)
As AVH reached a recent high over $8, the price pulled back as shareholders began taking profits
Looks like the sellers had run out & now time for a rally as the asx strengthens
Thinning out the sell side helps with these spontaneous rallies
It will want to try test $8 again but only if the asx doesn't tank again
If it can't reach $8, it'll come back to accumulate under $7 again
Quarterly results will be out soon though
So when they come out, make sure you're holding rather than buying after the news of a predicted record quarter
I don't think it'll break through $8 until those results confirm a strong quarter
These are just my opinions
It seems they disagree with many users
DYOR
Good predictionAccumulation under $7Purchasing parcels at $6.87...
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Last
$2.86 |
Change
-0.080(2.72%) |
Mkt cap ! $194.7M | |||
| Open | High | Low | Value | Volume |
| $2.92 | $2.92 | $2.85 | $291.4K | 101.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8539 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 2950 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| AVH (ASX) Chart |