AVR 0.61% $11.50 anteris technologies ltd

Cardiocel Progress, page-60

  1. 1,585 Posts.
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    Russ
    Chartwise I'm kind of struck by this similarity....
    AHZ
    upload_2015-10-10_16-33-31.png
    XRO
    upload_2015-10-10_16-31-39.png
    Drifted down on lowish volume for several weeks.
    Consolidated in a channel for about a month - AHZ looks like it has an iceberg buying at 6.6 for several weeks.  See the flat line bottom of the candles for first 3 weeks of Sept.
    Then a bit of a spike up and increase in volume perhaps all too much for the capper.  See how XRO ran soon as it broke $13 and got out of the channel.
    My theory is that its potentially all manipulation. Manipulated downwards then kept in the channel for accumulation at the lower end until some buying demand arises and the lid has to come off..
    If so it augers well for AHZ...
 
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