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
$2.61 |
Change
-0.170(6.12%) |
Mkt cap ! $162.2M | |||
| Open | High | Low | Value | Volume |
| $2.67 | $2.67 | $2.61 | $1.268M | 479.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 15258 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 3305 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$2.62 |
Change
-0.170 ( 5.76 %) |
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| Open | High | Low | Volume | ||
| $2.64 | $2.67 | $2.62 | 29414 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
| AVH (ASX) Chart |