AVM advance metals limited
Add to My Watchlist 2.17% ! 4.7¢

Held AVM last year around $2.90 and jumped out at this level...

  1. Lighthouse
    1,937 Posts.
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    05/08/10
    15:09
    Post #: 6985949
    Held AVM last year around $2.90 and jumped out at this level because I was an idiot with no idea. So have been working in this.

    Technically, the chart says AVM has consolidated sideways enough while holding $3.05. Further sideways is not a problem. Breaking below $3.05 is though. So if politics can settle down, AVM should be set to recover further in the short term at least.

    Above $3.36 is confirming a buy in this area. Beware if it weakens below $3.00 at all.

    Copper price has continued to rise on the weakness of the USD which looks set to continue. I think look for copper prices around the recent 2010 high $7,900/t ($360/lb).

    LME stockpiles are being drawn down on rising prices which should be a positive.

    rgs,
    pw
    AVM Price at posting: $3.27 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
4.7¢ 		Change
0.001(2.17%) 		Mkt cap ! $12.45M
Open High Low Value Volume
4.5¢ 4.8¢ 4.5¢ $82.24K 1.732M

Buyers (Bids)

No. Vol. Price($)
1 1433 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 49949 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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