AVX avexa limited
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close to major breakthrough

  1. sydney6791
    6,356 Posts.
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    24/04/12
    01:45
    Post #: 10024603
    Slightly SP movement is alway the early signal of big movement ahead. I noticed buyers keep swollowing 3.1-3.2c offers, and finally they decide to buy up the SP a little bit instead of stealing.

    News and announcement regarding JV partner for ATC is around the corner IMV.

    If SP can close above 3.5c in next few days, this is an important buying signal for AVX. I believe if SP breaks 3.5c this time, the short term target is 5c, then 10c+ once the JV agreement announced.
    AVX Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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