Thanks Mowibble,
My thoughts from someone who is not so experienced;
I sold out today once the sp went under 9c. All quite shocking.
I believe I read it all wrong when I bought a few more ARV on Monday. Believe the big volume was instigated over a few days for those, whoever they were,to create a momentum to sell into. ( Harry Hindsight)
Imo,the timing of that Monday was brilliant for them,as we were trending up and expecting an ann.
I am no chartist, however, there are a few things that dont look good on here.
http://www.freestockcharts.com.au/
If you click on the blue box arrow (top left near ROC) then a dropdown menue of indicator options appear.%R ( fast moving--down),MACD ( slower moving) just turned down etc etc.
Of course good fundamental news from their Gold project can turn it all around but for mine,the risk is currently too high.
Tennison.
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