AVB 0.00% 16.5¢ avanco resources limited

chart

  1. 3,290 Posts.
    As requested by Phil9.


    Phil it looks ok. It's been following that long term trendline and been making higher lows. Two targets of interest are the red solid lines. A retrace tomorrow off today's candle is alright, what we don't want is a break of the lower trendline that price has been sitting on.

    Presently as I stated it looks ok. It's nothing too flash. You may well see a steady rise to 10. Looking at past price movement it doesn't seem in any real hurry to get there. I'd enter this as a short term based on the next few days price action if it strengthens. Right now I'd be watching to see if any weakness enters the chart tomorrow.

    I'll post an update as it requires it.





 
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