A bit of technical analysis:
Recently broke a key Fibo level at 20.5c when looking at the 5y past activity
Next Fibo level is 27.5c
Positive momentum at the moment
Given the recent positive days it has posted, its too early to see confirmation that a positive bid tone have been set. Will need a few more days (even if it stays at these levels) for it to be confirmed
Break below 19.5c will suck out a lot of this recent steam that has been created
Volume traded yesterday was second highest day over the last 12 months, but hasn’t been able to get anywhere near the size today
AVQ Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
