AVO avoca resources limited

from the avm thread

  1. 25,374 Posts.
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    Zinc thanks for your reply on the AVM thread, great about back in Black whatever your on...lol
    I guess Im after a fundamentals response.
    How do you see the evaluations panning out.
    I have read all the threads on this and can see a retrace on the charts after such a great rise..
    However Though as the news was so strong perhaps it may only consolidate at current levels. the recent sells were on low volumes which is a positive..
    suggestions of takeover or farm ins interest me
    how far can the Goldfields 4million go??
    did I understand they will use this for development.

    cheers john

    Oh BTW the Andrews midpoint is usually seen a resistance, however when this breaks it is usually fairly strong as is a breakout from fibonacci levels


    ...............................
    profit taking

    or a turn
    my chart shows it reached long term Andrews midpoint resist
    however this is on fib support.
    any comments please


 
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