Looking back at AVL's SP. Basically under 2 cents from 2016 to mid 2021 with the exception of 2018, it's best year peaking at 6 cents. The SP then accelerated mid 2021 to peak above 11.5 cents in early April 2022.
We are down 35 % for the month, but up 110 % for the previous 12 months.
A huge amount of interest in the past 12 months with massive volumes. Unfortunately what goes up so quickly does not always stay elevated. Down 70 % from our high, within 2 months. Would love to say the new support level is now 4 cents, but next week, the shit may hit the fan again.
The word was in April " this baby's going 20 ~ 30 even 50 cents by years end" ~ Still possible, wait and see !!!
Interesting 6 months ahead !!!
Cheers
AVL Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
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