AVX
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0.00% 2.5¢ avexa limited

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  1. sircorp
    13,234 Posts.
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    22/05/09
    21:16
    Post #: 5196149
    Well John

    Since 6th May volume is dropping cosistantly and price is moving up consistantly: Very good sign.

    On April 17th it went down because DOW was down badly that day(300 Points). Else it has followed upward along the All Ordinary.

    Last three days(excluding tonight) Dow has gone south however AVX has continued upward. FEAR FACTOR FOR WEEKEND GETS INCORPORATED ON FRIDAY AND HENCE LAST MINUTE SALE BY REGULAR INVESTOR(TRADERS) NATURAL TO HAPPEN. (Every company followed same pattern today)

    My estimate is on next week it should stablises between 14 to 15 cents.
    AVX Price at posting: 13.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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