AVB 0.00% 16.5¢ avanco resources limited

Fundamentals, page-101

  1. 3,347 Posts.
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    Hi nikitha,

    Today's bar is a bit of a shakeout - if you join the last two bars together it looks a bit more obvious, it's back into an old support/resistance level so it is potentially bullish but that will need confirmation tomorrow. It may rise or test soon at this level. A bit of supply was flushed out today but it was hardly excessive, will the players be satisfied? Dunno.

    Gosh, I started working on this about 2 hours ago - the kids had some friends over and it's been one constant distraction...

    Anyway, I might as well go out on a limb and post a couple of charts. Sorry, wrong thread.

    Long term daily chart:




    Zoom in of the same daily, if all goes to plan the first target is the pink median line:

 
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