AVE 20.0% 0.2¢ avecho biotechnology limited

TECHNICALSThe SP is currently above all moving averages...

  1. 729 Posts.
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    TECHNICALS
    The SP is currently above all moving averages including the significant 200 day m/a.

    POH will show up on ALL technical traders radar this evening as the price has blown away the overhead resistances. Short term levels are at 16.5, 18.5, 24.5, 34.5 and then the 2006 high of 42.

    PHSYCHOLOGY
    Human nature as it is, dictates that most people will be unable to stop themselves taking a windfall 50% profit. I hazard a guess this is what we are seeing at 15 presently and is usually a prudent move. However one has to look at the actual driver for that 50% and weigh the significance of that information. Enormous gains can be lost by taking 50%, so think clearly all!.

    OTHER
    From my perspective I have held since 2011 and continue to do so. Over the past couple of months I could have done with a Valium patch but none has been available. (soon)

    I tried the BioElixia products (and continue to use) to ensure that the product delivered was what was being hyped. The end result is that it absorbs like nothing I have seen and takes pretty good care of my skin.

    TPM is Game Changing and the commercialisation possibilities enormous.
 
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