AVM 11.5% 2.9¢ advance metals limited

re: we're in pre-open PersuaderPersuade me by giving reasons for...

  1. 194 Posts.
    re: we're in pre-open Persuader

    Persuade me by giving reasons for your hypothesis that Anvil will move up from 68 cents.

    I would dearly like to see that happen, but my reading of the chart is rather gloomy. It has tried to bounce back from 68 on the 25/2, it is well below a 50 day ma, and it is below the parabolic SAR. All in all, the sp seems to be in a down trend, and if one had set a stop-loss, he/she would probably be out.

    Fundamentally, Anvil might look good, but BTs address seems to have gone down like a lead balloon so far.

    Any help from other Anvil True Believers? (Can't have Hardman have sole claim to such a support club)

    R
 
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